Nominal GDP =________ where the price level is the ________
A) Price level ÷ Real GDP; GDP deflator
B) Price level × Real GDP; CPI
C) Price level ÷ Real GDP; CPI
D) Price level × Real GDP; GDP deflator
E) none of the above
D
Economics
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What will be an ideal response?
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Indicate whether the statement is true or false
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