What is Belgium's real GDP if its nominal GDP is $532 billion (in current US$) and the GDP deflator is 119.9?
A)$532 billion
B)$443.7 billion
C)$633 billion
D)$398 billion

Name: What is Belgium's real GDP if its nominal GDP is $532 billion (in current US$) and the GDP deflator is 119.9? A)$532 billion B)$443.7 billion C)$633 billion D)$398 billion
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Question

Quizplus · Accepted Answer

Real GDP = Nominal GDP / GDP deflator 
Real GDP = $532 billion / 119.9 
Real GDP = $443.7 billion (rounded to one decimal place)

What Is Belgium's Real GDP If Its Nominal GDP Is