-Using the data in the above table, what is the real GDP for year 2013 (in billions of constant dollars) ?

Name: -Using the data in the above table, what is the real GDP for year 2013 (in billions of constant dollars)?
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Question

-Using the data in the above table, what is the real GDP for year 2013 (in billions of constant dollars)?

Quizplus · Accepted Answer

The real GDP is calculated by adjusting the nominal GDP for inflation using the GDP deflator. The correct choice is based on the data provided in the table, which indicates that the real GDP for 2013 is 7,708 billion constant dollars.

-Using the Data in the Above Table, What Is the Real