If in 2010 Nominal GDP Was $220 Million and Real

question 29

Multiple Choice

If in 2010 nominal GDP was $220 million and real GDP was $200 million, the GDP deflator in 2010 was:

• A)88.
• B)91.
• C)100.
• D)110.

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Definitions:

Herb

A plant with leaves, seeds, or flowers used for flavoring, food, medicine, or perfume.

Exaptation

An exaptation is a trait that initially carries out one function and is later co-opted for a new function. The original function may or may not be retained.

Tiktaalik

An extinct genus of fish-like tetrapods that represents an early stage of the transition from fish to tetrapods.

Eusthenopteron

An extinct prehistoric fish known for its significance in the study of vertebrate evolution, especially the transition from water to land animals.