QUESTION 19 Nominal and Real GDP ($) Refer to the accompanying graph. The year 2000 must be the a. year when depreciation or capital consumption equaled zero. b. base year of the GDP price index. O c. point in time when GDP equaled 100. d. year when the GDP price index is zero. 2000 Time Nominal GDP Real GDP

QUESTION 19 Nominal and Real GDP ($) Refer to the accompanying graph. The year 2000 must be the a. year when depreciation or capital consumption equaled zero. b. base year of the GDP price index. O c. point in time when GDP equaled 100. d. year when the GDP price index is zero. 2000 Time Nominal GDP Real GDP

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter5: National Income Accounting

Section: Chapter Questions

Problem 14E

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