In the First Quarter of 2010, Nominal GDP Was $14,592

question 74

Multiple Choice

In the first quarter of 2010, nominal GDP was $14,592.3 billion and the GDP deflator was 110.2. Real GDP for the first quarter of 2010, then, was equal to

• A) $13,103.9 billion.
• B) $13,133.1 billion.
• C) $13,241.7 billion.
• D) $13,424.9 billion.

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