If Real GDP in a Particular Year Is $80 Billion

question 185

Multiple Choice

If real GDP in a particular year is $80 billion and nominal GDP is $240 billion, the GDP price index for that year is

• A) 100.
• B) 200.
• C) 240.
• D) 300.

---

Definitions:

Contributions

Financial or other forms of aid provided by individuals or entities to support a cause, project, or entity.

Contributions

Money, goods, or services given to a business or a non-profit entity without any expectation of return, often for charitable reasons.

Artworks And Historical Treasures

Artworks and historical treasures represent valuable and culturally significant assets owned by entities, often not intended for sale but preserved for public benefit, educational purposes, and cultural preservation.

Revenue And Receivables

The income generated from normal business operations and the claims to cash or other assets by an entity, usually resulting from sales transactions.