Suppose Nominal GDP in Year 1 Was $100 Billion and in Year

question 121

Multiple Choice

Suppose nominal GDP in year 1 was $100 billion and in year 2 it was $260 billion. The general price index in year 1 was 100 and in year 2 it was 180. Real GDP in year 2 was

• A) $160 billion.
• B) $144 billion.
• C) $44 billion.
• D) $80 billion.

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Definitions:

Diversity

All the characteristics and experiences that define each of us as individuals.

Performance Levels

The standards or benchmarks used to measure the effectiveness or efficiency of a process, activity, or individual.

Self-Oriented Role

A role focused on the individual's own interests and needs.

Team-Maintenance Role

A role within a team focused on maintaining harmonious relationships and a positive working environment among team members.