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Nominal GDP Is Given by __________ Where the Price Level ×\times

Question 73

Multiple Choice

Nominal GDP is given by __________ where the price level is the __________.


A) Nominal GDP = Price level ×\times Real GDP;GDP deflator
B) Nominal GDP = Price level ÷ Real GDP;GDP deflator
C) Nominal GDP = Price level + Real GDP;CPI
D) Nominal GDP = Price level - Real GDP;GDP deflator
E) Nominal GDP = Price level ×\times Real GDP;CPI

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