The GDP price index can be interpreted as
A) (nominal GDP ÷ real GDP) × 100.
B) (real GDP ÷ nominal GDP) × 100.
C) (nominal GDP + real GDP) ÷ 100.
D) (nominal GDP - real GDP) ÷ 100.
E) (real GDP - nominal GDP) ÷ 100.
Correct Answer:
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