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

question 93

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 2017 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

Understand the influence of historical figures and events on Eastern Orthodox Christian art and architecture.

Recognize the symbolic significance of iconography in Byzantine art.

Identify key architectural components and innovations in Byzantine structures.

Comprehend the role of art and architecture in reflecting and supporting political power in the Byzantine Empire.

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Definitions:

Percentage Increase

A measure of the degree to which a quantity has grown compared to its previous value, expressed as a percentage.

Horizontal Analysis

Amounts of items compared on the same line of comparative financial reports. Horizontal analysis can also be in the form of a trend analysis.

Trend Percentage

A financial analysis tool that shows how a financial statement item changes over time, often used to spot patterns or trends.