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If real GDP in a year was $4,680 billion and the price index was 120, then nominal GDP in that year was approximately Multiple Choice

If real GDP in a year was $4,680 billion and the price index was 120, then nominal GDP in that year was approximately

Multiple Choice

  • $4,108 billion.
  • $4,179 billion.
  • $3,900 billion.
  • $5,616 billion.

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