Examlex

Solved

If Nominal GDP Increased from $4,500 Billion in 2000 to $5,000

question 44

Multiple Choice

If nominal GDP increased from $4,500 billion in 2000 to $5,000 billion in 2001 and the GDP deflator increased from 100 to 105 over the same time period, what would the 2001 real GDP equal expressed in terms of 2000 dollars?


Definitions:

Lactate

A compound produced during anaerobic metabolism, often used by muscles as an energy source during intense exercise.

Actin Myofilament

Actin myofilaments are thin filaments composed of the protein actin and are essential components of the cytoskeleton and muscle contraction.

Myosin Myofilament

A type of protein filament in muscle cells responsible for muscle contraction, part of the thick filaments in myofibrils.

Sarcomere

The basic unit of a muscle's cross-striated myofibril, responsible for muscle contraction.

Related Questions