If Nominal GDP Was $11,500 Billion in 2003 and the Price

question 127

Multiple Choice

If nominal GDP was $11,500 billion in 2003 and the price level in 2003 was 111.6,then real GDP would have been approximately

• A)$9,795 billion.
• B)$10,305 billion.
• C)$10,485 billion.
• D)$9,750 billion.

---

Definitions:

Rare Photographs

Images that are unique or uncommon, often providing a unique glimpse into historical events, cultural moments, or personal lives.

Music Era

A historical period characterized by specific styles, practices, and conventions in music.

Correctly Punctuated

Writing that uses punctuation marks appropriately to ensure clarity and readability of the text.

Lawn Mower

A machine using one or more revolving blades to cut a grass surface to an even height.