In Any Year, Nominal GDP Divided by the GDP Chain

question 26

True/False

In any year, nominal GDP divided by the GDP chain price index times 100 equals real GDP.

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Definitions:

Mortality

A fatal outcome.

Influenza Outbreak

A sudden increase in the occurrence of the influenza virus in a specific area, leading to widespread illness among the population.

Anthrax

A serious infectious disease caused by the bacterium Bacillus anthracis, affecting both animals and humans.

Smallpox

A highly contagious and deadly disease caused by the variola virus, characterized by fever and a distinctive skin rash, eradicated worldwide by 1980.