-Refer to the Table in the Exhibit

question 136

Multiple Choice

$$\begin{array} { c c c } \hline \text { Year } & \text { Consumer price index } & \text { Nominal GDP } \\\hline 2001 & 100 & \$ 95 \text { billion } \\2002 & 105 & \$ 110 \text { billion } \\2003 & 110 & \$ 120 \text { billion } \\2004 & 120 & \$ 125 \text { billion } \\2005 & 132 & \$ 137.5 \text { billion } \\\hline\end{array}$$
-Refer to the table in the exhibit.Between 2002 and 2005, what has happened to real GDP for this nation?  

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

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Definitions:

National Market

An economic concept referring to the nationwide integration of economic activities and markets, facilitated by transportation, communication, and regulatory systems.

Western Territories

Areas in the western part of the United States that were explored, settled, and ultimately organized into states during the 19th and early 20th centuries.

Eastern Territories

Refers to regions or areas situated to the east of a specific point or within the eastern part of a country or continent.

Statehood

The condition or status of being recognized as an independent nation with its own government and boundaries.