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Suppose a Nation's 2008 Nominal GDP Was $972 Billion and the General

Question 145

Multiple Choice

Suppose a nation's 2008 nominal GDP was $972 billion and the general price index was 90.In order to make the 2008 GDP comparable with the base year GDP,the 2008 GDP must be:


A) adjusted downward to $678 billion.
B) deflated to $896 billion.
C) inflated to $1080 billion.
D) deflated to $1080 billion.

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