Table 64 -Refer to Table 6

question 65

Multiple Choice

Table 6.4
$$\begin{array}{l}\text { Table } 6.4\\\begin{array} { c c c } \text { Year } & \text { Price Index } & \text { Nominal GDP } \\\hline 2001 & 100 & \$ 95 \text { billion } \\2002 & 105 & \$ 110 \text { billion } \\2003 & 110 & \$ 120 \text { billion } \\2004 & 120 & \$ 125 \text { billion } \\2005 & 132 & \$ 137.5 \text { billion }\end{array}\end{array}$$
-Refer to Table 6.4, which shows the price indexes and the nominal gross domestic product (GDP) for an economy from 2001 to 2005. What happened to the real GDP between 2002 and 2005?

• A) It increased more than $5 billion.
• B) It decreased more than $5 billion.
• C) It increased by less than $1 billion.
• D) It decreased by less than $1 billion.
• E) It remained constant.

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Definitions:

Shares Outstanding

The total number of shares of stock that have been issued and are currently held by investors, including restricted shares owned by the company’s officers and insiders.

Stock Price

Stock price is the cost of purchasing a share of a company's stock, reflecting the value the market attributes to the company.

Independent Variable

A factor that is intentionally changed to see its impact on an outcome variable in a study.

Dependent Variable

The variable in an experiment or study whose changes are determined by the presence or variation of one or more independent variables.