Question

YearNominal GDPPrice DeflatorReal GDP
2000$3405.087.2
2001 91.0$4146.2
20024038.794.4
2003 96.94405.2
20044539.9 4539.9
20054900.4103.9
2006 108.54839.4
20075222.2113.1
2008 117.84819.6
20095967.1 4923.6
20106158.8122.9

Refer to the above table. Real GDP for year 2007 was

A) $4819.6 billion.

B) $5222.2 billion.

C) $4617.3 billion.

D) uncertain without more information.

Answer

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