In Year One,the GDP Deflator Is 100 and in Year

question 72

Multiple Choice

In year one,the GDP deflator is 100 and in year two 110.If nominal GDP in year two is $300 billion,what is real GDP for year two?

• A)$200 billion.
• B)$100 billion.
• C)$272.73 billion.
• D)$220 billion.

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