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22 Table 8-12 ed y out of question Year 2015 2016 2017 2018 Nominal GDP $7,400 7,813 8,301 8,760 Real GDP $7,537 7,813 8,165 8,516

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22 Table 8-12 ed y out of question Year 2015 2016 2017 2018 Nominal GDP $7,400 7,813 8,301 8,760 Real GDP $7,537 7,813 8,165 8,516 Refer to Table 8-12. Consider the following data on nominal GDP and real GDP (values are in billions of dollars): The base year used in calculating real GDP is Select one: A. 2015 B. 2016 C. 2017 OD. 2018 Next page

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