Suppose 2010 Is the Base Year

question 173

Multiple Choice

Suppose 2010 is the base year. From 2010 to 2018, the price index increases from 100 to 102.5. If nominal Gross Domestic Product (GDP) is $2,800 in 2018, then the real Gross Domestic Product (GDP) in 2018 is

• A) $2,700.
• B) $2,800.
• C) $2,732.
• D) $2,870.

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Definitions:

Double Hulls

A ship design feature where the vessel's bottom and sides have two layers, improving buoyancy and reducing the risk of spills or sinking.

Ecologically Sensitive

An area that is identified as being sensitive to changes in environmental conditions, requiring protection or special management to sustain its biodiversity and ecological processes.

Nonpoint Source

Pollution that comes from many diffuse sources rather than a single, identifiable source, often affecting water quality.

Water Pollution

The contamination of water bodies (e.g., lakes, rivers, oceans, aquifers) with substances harmful to life, which can be detrimental to plants, animals, and human health.