What Is Real GDP in 2014 If Nominal GDP in 2014

question 66

Multiple Choice

What is real GDP in 2014 if nominal GDP in 2014 is $15,000 billion,the GDP deflator in 2014 is 110,and the GDP deflator in 2010 was 100?

• A) $9.1 billion
• B) $13,636 billion
• C) $14,010 billion
• D) $16.500 billion

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Definitions:

Meganational Companies

Large corporations that operate in multiple countries around the world, often exerting significant economic and political influence.

Local Human Capital

The accumulated knowledge, skills, and experience possessed by the workforce within a specific locale, region, or community.

Subsidiary Human Capital

The skills, knowledge, and experience possessed by employees of a subsidiary, which contribute to its value and performance.

Local Human Capital

Local human capital refers to the collective skills, knowledge, and experience possessed by individuals within a specific geographic area, contributing to the economic productivity of that region.