If for a Given Year Nominal GDP Is $2,000 Billion

question 236

Multiple Choice

If for a given year nominal GDP is $2,000 billion and real GDP is $1,500 billion,then the GDP price index is

• A)133.
• B)1.33.
• C)100.
• D)0.75.
• E)750.

---

Definitions:

Cash Dividend

A payment of earnings declared by a company's board of directors, distributed among shareholders in the form of cash.

Cash Dividends

Payments made to shareholders out of a corporation's earnings in the form of cash.

Date Of Record

The specified date on which a company determines its shareholders of record to receive dividends or the beneficiaries of stock splits.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often entitling holders to dividends before common shareholders.