Question
In 2010, nominal GDP was $14.6 trillion and the GDP deflator was110.6. What was real GDP for that year? A) $16.1 trillion B) $14.3 trillion
In 2010, nominal GDP was $14.6 trillion and the GDP deflator was110.6. What was real GDP for that year?
A) $16.1 trillion
B) $14.3 trillion
C) $13.2 trillion
D) $12.1 trillion
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
