Given a GDP deflator of 120 and a Nominal GDP of 7.8 billion dollars, calculate Real GDP.(1 point)

Question

Responses

6.5 billion dollars
6.5 billion dollars

9.36 billion dollars
9.36 billion dollars

9 billion dollars
9 billion dollars

6.6 billion dollars
Whats the right answer

Answer 1

The correct answer is 6.5 billion dollars.