Table 8-12

-Refer to Table 8-12.Consider the following data on nominal GDP and real GDP (values are in billions of dollars) : The base year used in calculating real GDP is
A) 2013.
B) 2014.
C) 2015.
D) 2016.
Correct Answer:
Verified
Q142: If the quantity of goods and services
Q142: If real GDP in 2016 (using 2009
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