In 2010, Nominal GDP Was $14

question 81

Multiple Choice

In 2010, nominal GDP was $14.6 trillion and the GDP deflator was 110.6. What was real GDP for that year?

• A) $16.1 trillion
• B) $14.3 trillion
• C) $12.1 trillion
• D) $13.2 trillion

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Definitions:

Workforce Diversity

The inclusion of a wide range of people of different races, sexes, ages, abilities, cultural backgrounds, and other characteristics in a workplace.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, largely driven by international trade and investment and aided by information technology.

Bachelor's Degrees

represent undergraduate academic degrees awarded by colleges and universities upon completion of a course of study lasting three to seven years.

Change Leaders

Individuals who drive and inspire changes within organizations, often by embracing innovation and challenging the status quo.