If Nominal GDP for a Particular Year Is $6 Trillion

question 200

Multiple Choice

If nominal GDP for a particular year is $6 trillion and real GDP for that year is $5 trillion,then the GDP price index for that year is

• A)1.2
• B)17
• C)20
• D)83
• E)120

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Definitions:

Gastric Acids

The various acids found in the stomach's gastric juice, primarily hydrochloric acid, which aid in the digestion of food.

Altered

Changed or modified in some way, typically to improve or make something different.

Epinephrine

A hormone and medication, also known as adrenaline, that increases heart rate, muscle strength, blood pressure, and sugar metabolism, often associated with the body's fight-or-flight response.