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In an economy, Real GDP for year 2010 (base year = 2001) is $400 billion and the GDP
deflator 2010 (base year = 2001) is 110. Calculate the Nominal GDP for 2010.
$280 billion
$440 billion
$4400 billion
$510 billion
$280 billion
$440 billion
$4400 billion
$510 billion

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In an economy Real GDP for year 2010 base year 2001 is .pdf

  • 1. In an economy, Real GDP for year 2010 (base year = 2001) is $400 billion and the GDP deflator 2010 (base year = 2001) is 110. Calculate the Nominal GDP for 2010. $280 billion $440 billion $4400 billion $510 billion $280 billion $440 billion $4400 billion $510 billion