If nominal GDP for a particular year is $4 trillion and real GDP for that year is $3 trillion,then the GDP price index is 133.

Name: If nominal GDP for a particular year is $4 trillion and real GDP for that year is $3 trillion,then the GDP price index is 133.
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Quizplus · Accepted Answer

The GDP price index is calculated as Nominal GDP/Real GDP x 100. 
So, in this case, GDP price index = 4 trillion/3 trillion x 100 = 133.33, which is approximately equal to 133. Therefore, the statement is true.

If Nominal GDP for a Particular Year Is $4 Trillion