Multiple Choice
Table 5-4
The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2008.
Prices and Quantities
-Refer to Table 5-4. In 2010, this country's
A) real GDP was $780, and the GDP deflator was 141.0.
B) real GDP was $825, and the GDP deflator was 133.3.
C) real GDP was $780, and the GDP deflator was 133.3
D) real GDP was $825, and the GDP deflator was 141.0
Correct Answer:

Verified
Correct Answer:
Verified
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