Exhibit 7-3

-Refer to Exhibit 7-3.Between 2002 and 2003,real GDP for this nation
A) decreased by slightly more than $5 billion
B) increased by slightly more than $4 billion
C) remained constant
D) increased by only about $1 billion
E) cannot be determined from the information given
Correct Answer:
Verified
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Q174: Real GDP is measured in
A)current-year prices
B)base-year prices
C)nominal
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Q176: If nominal GDP is $6 trillion in
Q178: A panel of economists concluded that the
Q179: If nominal GDP for a particular year
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