If Nominal GDP for a Particular Year Is $4 Trillion

question 14

Multiple Choice

If nominal GDP for a particular year is $4 trillion and real GDP for that year is $5 trillion,then the GDP price index for that year is

• A)1.25
• B)20
• C)25
• D)80
• E)125

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Definitions:

Prostate Cancer

A form of cancer that begins in the glandular tissue of the prostate, common among older men and potentially treatable when diagnosed early.

Urination

The process of excreting urine from the bladder through the urethra to the outside of the body.

Blood Pressure

The force that circulating blood exerts against the walls of the arteries.

Testicular Cancer

is a type of cancer that originates in the testicles (testes), the male reproductive glands located in the scrotum.