Question

Suppose that in 2011, nominal Gross Domestic Product (GDP) for the economy of Chiconia was $10 trillion and the Gross Domestic Product (GDP) price index was 200.0. What is Chiconiaʹs real Gross Domestic Product (GDP) in 2011?

A) $5 trillion

B) $10 trillion

C) $20 trillion

D) $200 trillion

Answer

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