(Table) According to the Table, Real GDP for 2014 Is

question 157

Multiple Choice

(Table) According to the table, real GDP for 2014 is approximately: $$\begin{array} { | l | c | r | r | } \hline & \mathbf { 2 0 1 2 } & \mathbf { 2 0 1 3 } & \mathbf { 2 0 1 4 } \\\hline \text { Nominal GDP (billions of \$) } & \$ 2,291 & & \$ 8,511 \\\hline \text { Real GDP (billions of \$) } & \$ 4,500 & \$ 5,865 & \\\hline \text { GDP Deflator } & & 86.1 & 112.7 \\\hline\end{array}$$

• A) $6,552 billion.
• B) $7,052 billion.
• C) $7,552 billion.
• D) $8,052 billion.

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Definitions:

Vacancies

Unfilled positions or accommodations, often within the context of employment or housing.

Classism

Prejudice or discrimination based on social class, often manifesting in differential treatment or attitudes towards people from different economic backgrounds.

Single Mother

A woman raising her child or children without the presence or support of the other parent in the home.

Landlord

An individual or entity that owns and rents out real estate, such as apartments or houses, to tenants under agreed-upon terms.