Multiple Choice
What is real GDP in 2014 if nominal GDP in 2014 is $15,000 billion,the GDP deflator in 2014 is 110,and the GDP deflator in 2010 was 100?
A) $9.1 billion
B) $13,636 billion
C) $14,010 billion
D) $16.500 billion
Correct Answer:
Verified
Correct Answer:
Verified
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