(Table 7: GDP and Price Index Data) Table 7 Provides

question 22

Multiple Choice

(Table 7: GDP and Price Index Data) Table 7 provides data on GDP and price indices for Macroland for four years. What was Macroland's real GDP in 2016 using 2015 prices?
$\begin{array}{l}\text { Table 7: GDP and Price Index Data }\\\begin{array}{|c|c|c|c|c|}\hline \text { Year } & 2015 & 2016 & 2017 & 2018 \\\hline \begin{array}{c}\text { Nominal GDP } \\\text { (billions of dollars) }\end{array} & \$ 800 & \$ 835 & \$ 890 & \$ 930 \\\hline \text { Price index } & 100 & 106 & 110 & 112 \\\hline\end{array}\end{array}$

• A) $890
• B) $830
• C) $788
• D) $809

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