If in Some Year Nominal GDP Was $20 Billion and the GDP

question 28

Multiple Choice

If in some year nominal GDP was $20 billion and the GDP deflator was 50,what was real GDP?

• A)$2.5 billion.
• B)$10 billion.
• C)$40 billion.
• D)$100 billion.

---

Definitions:

Glucose Tolerance Test

A test to measure the body's response to glucose, assessing how quickly it is cleared from the blood, used in diagnosing diabetes.

Blood Sugar

The concentration of glucose present in the blood, an important energy source for the body's cells and an indicator of metabolic health.

Glucose

An essential energy-supplying simple sugar present in living entities and a constituent of various carbs.

Diabetes Mellitus

A metabolic disease characterized by high blood sugar levels over a prolonged period, resulting from defects in insulin secretion, insulin action, or both.