If the Real Gross Domestic Product (GDP)for the Base Year

question 97

Multiple Choice

If the real gross domestic product (GDP) for the base year is $4 trillion,then the nominal gross domestic product (GDP) for that year is _____.

• A)−$.04 trillion
• B)$0.4 trillion
• C)$4 trillion
• D)$40 trillion
• E)$400 trillion

---

Definitions:

Unconscionable

Related to actions or conditions that are shockingly unfair, immoral, or unjust, often to the extent that they are unenforceable in court.

Liability

Legal responsibility or obligation to another party, often involving compensation for harm or damages incurred.

Lancer

A term historically used to refer to a light cavalry soldier armed with a lance, but in modern contexts, it might not have a commonly recognized definition related to the provided key terms.

Modifications

Changes or alterations made to the terms of a contract, agreement, or document after it has been executed.