Multiple Choice
Table 23-5
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 2015.
Prices and Quantities
-Refer to Table 23-5. In 2017, this country's
A) real GDP was $900, and the GDP deflator was 138.9.
B) real GDP was $1250, and the GDP deflator was 128.0.
C) real GDP was $900, and the GDP deflator was 128.0.
D) real GDP was $1250, and the GDP deflator was 138.9.
Correct Answer:

Verified
Correct Answer:
Verified
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