If Nominal GDP in 2001 Is $9 Trillion,and 2001 Real

question 100

Multiple Choice

If nominal GDP in 2001 is $9 trillion,and 2001 real GDP in 1996 prices is $6 trillion,the GDP deflator price index is

• A)7.
• B)100.
• C)150.
• D)200.

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Definitions:

Leaching

The process by which soluble materials are washed out from soil or wastes, often leading to contamination of waterways.

Nitrate Ions

An anionic form of nitrogen (NO3-) found in soil and water, often resulting from agricultural runoff, and crucial to the nitrogen cycle.

Phosphorus Reservoirs

Natural or artificial storage places for phosphorus, an essential nutrient for plants and animals.

Nitrogen Fixation

Nitrogen fixation is a process by which nitrogen gas from the atmosphere is converted into ammonia or related nitrogenous compounds in soil, making nitrogen accessible to living organisms.