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Question 50

Multiple Choice

Use the following to answer questions: Use the following to answer questions: -(Table: Peanut Butter and Jelly Economy) Use Table: Peanut Butter and Jelly Economy. In 2011, nominal GDP was _____ and real GDP was _____. A) $450; $400 B) $525; $450 C) $525; $400 D) $450; $575
-(Table: Peanut Butter and Jelly Economy) Use Table: Peanut Butter and Jelly Economy. In 2011, nominal GDP was _____ and real GDP was _____.


A) $450; $400
B) $525; $450
C) $525; $400
D) $450; $575

Correct Answer:

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