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Econ 7 Year Nominal GDP Real GDP Price Index 1 4, 900 4, 800 2 5, 000 5,000 112 3 5, 400 5, 100 Refer

Econ 7

Year Nominal GDP Real GDP Price Index 1 4, 900 4, 800 2 5, 000 5,000 112 3 5, 400 5, 100 Refer to the table. (GDP figures are in billions of dollars.) What is the GDP price index in Year 3? Multiple Choice 112 O 94.4 O 105.9 O 102.1

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