Question
Suppose nominal GDP in year 1 was $100 billion and in year 2 it was $260 billion. The general price index in year 1 was 100 and in year 2 it was 180. Real GDP in year 2 was
Multiple Choice
$160 billion
$80 billion
$44 billion
$144 billion
Multiple Choice
$160 billion
$80 billion
$44 billion
$144 billion
Answers
$144 billion
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