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    Principles of Macroeconomics Study Set 8
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    Exam 10: Measuring a Nations Income: Real Versus Nominal GDP
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    If in Some Year Real GDP Was $5 Trillion and the GDP
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If in Some Year Real GDP Was $5 Trillion and the GDP

Question 33

Question 33

Multiple Choice

If in some year real GDP was $5 trillion and the GDP deflator was 200,what was nominal GDP?


A) $2.5 trillion.
B) $10 trillion.
C) $40 trillion.
D) $100 trillion.

Correct Answer:

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