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:

Zygotic Stage

This refers to the earliest stage of human development, which begins at fertilization when a sperm and egg merge to form a zygote.

Moderate Drinking

Consuming alcoholic beverages in moderation, typically considered to be up to one drink per day for women and up to two drinks per day for men.

Pregnancy

The condition or period of being pregnant, where a new individual is developing in the uterus.

Erikson's Stages

A theory of psychological development that outlines eight stages from infancy to adulthood, each characterized by a specific conflict.