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If real GDP in a year was $4,220 billion and the price index was 112, then nominal GDP in that year was approximately Multiple Choice
If real GDP in a year was $4,220 billion and the price index was 112, then nominal GDP in that year was approximately
Multiple Choice
A) $4,108 billion.
B) $4,379 billion.
C) $4,704 billion.
D) $4,726 billion.
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