If in Some Year Real GDP Was $25 Billion and the GDP

question 2

Multiple Choice

If in some year real GDP was $25 billion and the GDP deflator was 68,what was nominal GDP?

• A)$2.72 billion.
• B)$17 billion.
• C)$36.8 billion.
• D)$43 billion.

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Definitions:

Permeable

A characteristic of materials that allows liquids or gases to pass through them due to the presence of tiny holes or pores.

Proteoglycans

Large molecules composed of proteins and glycosaminoglycans that provide structural support in cellular matrices.

Extracellular Matrix

A complex network of proteins and carbohydrates outside the cell that provides structural and biochemical support to surrounding cells.

Amino Sugars

A type of sugar molecule that contains an amino group in place of a hydroxyl group, found in many biopolymers and glycoproteins.