Multiple Choice
Suppose that 1986 is our base year (price index equals 100) and that the 2000 price index was 200.If nominal GDP was $6.2 trillion in 2000,what was real GDP that year (measured in 1986 dollars) ?
A) $3.1 trillion
B) $6.2 trillion
C) $12.4 trillion
D) $18.6 trillion
E) $24.3 trillion
Correct Answer:
Verified
Correct Answer:
Verified
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