True/False
If nominal GDP is $6 trillion in a particular year and base year GDP was $3 trillion,then the GDP price index is 167.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q58: The largest component of aggregate expenditure is
Q75: If we knew that nominal GDP was
Q76: Which of the following would not increase
Q78: The simple circular flow model shows that<br>A)households
Q79: When a refrigerator worth $1,000 is produced
Q81: Which of the following is included in
Q82: Which of the following increases GDP?<br>A)Workers take
Q83: A panel of economists concluded that the
Q84: The CPI tends to understate the true
Q85: Exports are an injection into the circular