Solved

If Real GDP for a Particular Year Is $5 Trillion

Question 122

Multiple Choice

If real GDP for a particular year is $5 trillion and the GDP price index for that year is 136,the nominal GDP for that year is

A) $3.7 trillion
B) $4 trillion
C) $6.8 trillion
D) $27 trillion
E) $68 trillion

Related Questions

Q117: If real GDP increased by 3 percent,then<br>A)real

Q118: Which of the following is the largest

Q119: The hedonic method of calculating prices breaks

Q120: Consumption in the expenditures approach to calculating

Q121: If a firm's inventory decreases,the GDP counts

Q123: The CPI _ inflation because it includes

Q124: Which of the following is not considered

Q125: If the CPI overstated inflation by 1

Q126: You could determine the value of the

Q127: Which of the following is reflected in