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If Nominal GDP in 2013 Is $10 Trillion, and 2013

question 63

Multiple Choice

If nominal GDP in 2013 is $10 trillion, and 2013 real GDP in 2002 prices is $9 trillion, the GDP deflator price index is ________.


Definitions:

Determinism

The idea in philosophy that every event and moral decision is fully caused by preceding factors.

Predict

To declare or indicate in advance; to forecast the occurrence of something.

Experimental Method

A research method involving the manipulation and control of variables to study causality.

Determinism

The philosophical belief that all events, including moral choices, are completely determined by previously existing causes.

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