If in Some Year Real GDP Was $25 Billion and the GDP

question 2

Multiple Choice

If in some year real GDP was $25 billion and the GDP deflator was 68,what was nominal GDP?

• A)$2.72 billion.
• B)$17 billion.
• C)$36.8 billion.
• D)$43 billion.

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Definitions:

Risk

The potential for losing something of value or the possibility of an adverse outcome.

Age

A measure of the length of time an individual has lived, often expressed in years.

Gestational-age Infant

Refers to a newborn and the period of gestation at which they were born, used to assess if the birth occurred prematurely, on time, or post-term.

Spontaneous Abortion

The natural loss of a pregnancy before the fetus can survive outside the uterus, often referred to as a miscarriage.