Real GDP =________ Where the Price Level Is the ________

question 9

Multiple Choice

Real GDP =________ where the price level is the ________.

• A)Nominal GDP × Price level;GDP deflator
• B)Nominal GDP ÷ Price level;GDP deflator
• C)Nominal GDP ÷ Price level;CPI
• D)Nominal GDP × Price level;CPI
• E)none of the above

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Definitions:

Investing Activities

Transactions and events related to the acquisition and disposal of long-term assets and other investments, as part of a company's financial operations.

Cash Dividend

A distribution of a company's earnings to shareholders, decided by the board of directors, and paid in the form of cash.

Net Cash

The amount of cash available after accounting for cash inflows and outflows over a certain period.

Operating Activities

Activities that relate to the company's primary operations, including revenue generation, expenses, and cash flows.