In 2010, Real GDP Was $13

question 225

Multiple Choice

In 2010, real GDP was $13.2 trillion and the GDP deflator was 110.6. What was nominal GDP for that year?

• A) $14.6 trillion
• B) $14.3 trillion
• C) $12.1 trillion
• D) $11.9 trillion

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Definitions:

Organizational Effectiveness

The degree to which an organization achieves its goals through efficient use of resources.

OD Strategy

Organizational Development Strategy, a comprehensive plan aimed at improving effectiveness, health, and outcomes of an institution through planned change processes.

Quality Guru

An expert or thought leader in the field of quality management and improvement practices.

Humanistic And Democratic

A leadership or organizational approach emphasizing individual potential, freedom, and participative decision-making.