In the economy of Wrexington in 2008,real GDP was $5 trillion and the GDP deflator was 200.What was Wrexington's nominal GDP in 2008?
A) $2.5 trillion
B) $10 trillion
C) $40 trillion
D) $100 trillion
Correct Answer:
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Q301: Table 23-5
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Q303: Table 23-4
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Q304: Table 23-4
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