Table 23-4 the Table Below Reports Nominal and Real GDP for the for the U.S

question 452

Multiple Choice

Table 23-4
The table below reports nominal and real GDP for the U.S. from 1929 to 1932.
-Refer to Table 23-4. If prices had remained constant between 1929 and 1930, Nominal GDP would have decreased

• A)8.62%.
• B)9.43%.
• C)11.97%.
• D)13.6%.

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