If the Price Index Was 100 in 1991 and 120

question 61

Multiple Choice

If the price index was 100 in 1991 and 120 in 2001,and nominal GDP was $360 billion in 1991 and $480 billion in 2001,then the value of 2001 GDP in terms of 1991 dollars would be

• A)$300 billion.
• B)$384 billion.
• C)$400 billion.
• D)$424 billion.

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Definitions:

Coracobrachial

A muscle in the shoulder that helps in flexing and adducting the arm.

Biceps Brachii

A muscle of the upper arm that acts to flex the elbow and supinate the forearm.

Musculocutaneous Nerve

A nerve in the arm that innervates the biceps brachii, brachialis, and part of the brachioradialis, providing both motor and sensory functions.

Brachial Plexus

A network of nerve fibers that runs from the spine through the neck, shoulder, arm, and hand, controlling muscle movements and sensations in these areas.