The country's real GDP for 2011, using 2010 as the base year, is:

Question

Quizplus · Accepted Answer

The real GDP for 2011, using 2010 as the base year, is $1320. This is because the real GDP is the value of all goods and services produced in a country in a given year, adjusted for inflation. The base year is the year against which the real GDP is compared. In this case, the base year is 2010. The real GDP for 2011 is $1320, which means that the value of all goods and services produced in 2011 was $1320 more than the value of all goods and services produced in 2010, adjusted for inflation.

The Country's Real GDP for 2011, Using 2010 as the Base