If in some year nominal GDP was $18 billion and the GDP deflator was 120, what was real GDP?

Which of the following countries is not a member of NAFTA?

A) Canada. B) The United States of America. C) Mexico. D) All three countries form part of NAFTA.

All of the following cause a shift in the demand curve EXCEPT a change in the

A) price of related goods. B) price of the good or service. C) consumer income. D) number of consumers.