Table 6.4
-Refer to Table 6.4, which shows the price indexes and the nominal gross domestic product (GDP) for an economy from 2001 to 2005. What happened to the real GDP between 2002 and 2005?
A) It increased more than $5 billion.
B) It decreased more than $5 billion.
C) It increased by less than $1 billion.
D) It decreased by less than $1 billion.
E) It remained constant.
Correct Answer:
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A)
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