If the estimated current dollar output is $3,535 billion and the relevant price index is 2.21,the constant dollar output is ________ billion.

Name: If the estimated current dollar output is $3,535 billion and the relevant price index is 2.21,the constant dollar output is ________ billion.
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Quizplus · Accepted Answer

To find the constant dollar output, divide the current dollar output by the price index (in this case, 2.21) and then multiply by 100. So, $3,535 billion / 2.21 = $1,600 billion (approximately).

If the Estimated Current Dollar Output Is $3,535 Billion and the Relevant