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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 Nominal GDP Was $10 Trillion and Real
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If in Some Year Nominal GDP Was $10 Trillion and Real

Question 12

Question 12

Multiple Choice

If in some year nominal GDP was $10 trillion and real GDP was $4 trillion,what was the GDP deflator?


A) 25.
B) 40.
C) 250.
D) 400.

Correct Answer:

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