If the GDP Price Index Is 125 and Nominal GDP

question 20

Multiple Choice

If the GDP price index is 125 and nominal GDP is $130 billion,then real GDP equals ________ billion.

• A)$104.00
• B)$162.50
• C)$96
• D)$1.04
• E)$9.6

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Definitions:

Citrucel

A brand of fiber supplement that is used to treat constipation and maintain digestive health.

Metamucil

A brand of fiber supplement that is commonly used to treat constipation and improve digestive health.

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Advertising aimed at reminding current customers of a product's existence and its benefits, thus enhancing brand recall and loyalty among the target audience.

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