Table 23-5 The Country of Caspir Produces Only Cereal and Milk. Quantities

question 428

Multiple Choice

Table 23-5
The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2015.
Prices and Quantities
-Refer to Table 23-5. In 2018, this country's

• A)real GDP was $1080, and the GDP deflator was 156.3.
• B)real GDP was $1080, and the GDP deflator was 177.8.
• C)real GDP was $1920, and the GDP deflator was 177.8.
• D)real GDP was $1920, and the GDP deflator was 156.3.

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