If nominal GDP was roughly $10,000 and the GDP deflator was 110 in 2016, real GDP is closest to a $8,263 b. $9,091 C. $6,591 d. $11,000

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Chapter5: Gross Domestic Product
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If nominal GDP was roughly $10,000 and the GDP deflator was 110 in 2016, real
GDP is closest to
a $8,263
b. $9,091
c. $6,591
d. $11,000
Transcribed Image Text:If nominal GDP was roughly $10,000 and the GDP deflator was 110 in 2016, real GDP is closest to a $8,263 b. $9,091 c. $6,591 d. $11,000
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