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Nominal GDP Is Given by ________, Where the Price Level

Question 27

Multiple Choice

Nominal GDP is given by ________, where the price level is the ________.


A) Nominal GDP =Price level ｴ Real GDP; GDP deflator
B) Nominal GDP = Price level ｸ Real GDP; GDP deflator
C) Nominal GDP = Price level +Real GDP; CPI
D) Nominal GDP = Price level- Real GDP; GDP deflator
E) Nominal GDP = Price level ｴ Real GDP; CPI

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