Exhibit 11-4 
Refer to Exhibit 11-4. Measured in terms of Year 1 prices, real GDP is:
A) 600.
B) 750.
C) 900.
D) 1,333.
Correct Answer:
Verified
Q95: In an economy with persistent inflation,
A) real
Q105: Suppose in a given year, GDP was
Q131: When economists speak of changes in GDP
Q143: Exhibit 11-5 GDP data (billions of dollars)
Q144: In a given year, U.S. nominal GDP
Q145: Exhibit 11-6 GDP data (billions of dollars)
Q146: The GDP chain price index is designed
Q147: Exhibit 11-5 GDP data (billions of dollars)
Q150: Exhibit 11-5 GDP data (billions of dollars)
Q153: Exhibit 11-5 GDP data (billions of dollars)
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