Figure 7-2 -Refer to Figure 7-2. If the Real GDP Is $7,000

question 106

Multiple Choice

Figure 7-2
-Refer to Figure 7-2. If the real GDP is $7,000 billion and the implicit price deflator is 1.08, what is the value of nominal GDP?

• A) $6,481 billion
• B) $7,000 billion
• C) $7,560 billion
• D) cannot be determined from the information given

---

Definitions:

Inner "True" Self

Inner "True" Self pertains to an individual's most authentic and intrinsic identity, devoid of societal masks, expectations, and pressures, often believed to be the core of one's personality and values.

Class Prejudices

Prejudiced opinions or discriminatory attitudes based on social class or economic status.

Social Conscience

The sense of responsibility or concern for the problems and injustices of society, motivating an individual toward action to address these issues.

The Agent Self

This refers to the aspect of an individual's self-concept that is involved in making choices and taking actions.