Table 19-15 -Refer to Table 19-15. Consider the Following Data on Nominal

question 146

Multiple Choice

Table 19-15

-Refer to Table 19-15. Consider the following data on nominal GDP and real GDP (values are in billions of dollars) : The GDP deflator for 2012 equals

• A) 94.1.
• B) 105.1.
• C) 106.2.
• D) 108.5.

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Definitions:

Privileges and Immunities Clause

A provision in the United States Constitution that prevents a state from treating citizens of other states in a discriminatory manner.

Necessary and Proper Clause

A provision in the United States Constitution (Article I, Section 8) granting Congress the power to pass all laws considered necessary and proper for carrying out the enumerated list of powers.

U.S. Constitution

The supreme law of the United States that outlines the national frame of government and the fundamental rights of its citizens.

Necessary and Proper Clause

A provision in the U.S. Constitution granting Congress the power to pass all laws deemed necessary and proper for executing its enumerated powers.