Exhibit 5-6Use the table below to answer the following question(s).
 Nominal GDP
GDP
Year(billions)
deflator
Year 1   600
100.0
Year 21,000
133.3
Refer to Exhibit 5-6. Measured in terms of Year 1 prices, real GDP in Year 2 was:

What is the objective of environmental accounting? Are a country's national accounts likely to show more or less income than with traditional GDP?

What will be an ideal response?

Short-run costs are never equal or lower than long-run cost

Indicate whether the statement is true or false