What is the Real GDP in 2020, according to the table below? Has the Real GDP increased or decreased compared to 2010? Year 2010 2020 Nominal Debt 1000 2500 Nominal GDP 4000 8000 Price Level/GDP Deflator 100 150 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Real GDP = $4000 in 2020 and is less than Real GDP in 2010 b Real GDP = $4000 in 2020 and is greater than Real GDP in 2010 Real GDP = $5333 in 2020 and is less than Real GDP in 2010 d Real GDP = $5333 in 2020 and is greater than Real GDP in 2010

ENGR.ECONOMIC ANALYSIS
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What is the Real GDP in 2020, according to the table below? Has the Real GDP increased or decreased compared to 2010?
Year
2010
2020
Nominal Debt
1000
2500
Nominal GDP
4000
8000
Price Level/GDP Deflator
100
150
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
a
Real GDP = $4000 in 2020 and is less than Real GDP in 2010
b
Real GDP = $4000 in 2020 and is greater than Real GDP in 2010
Real GDP = $5333 in 2020 and is less than Real GDP in 2010
d
Real GDP = $5333 in 2020 and is greater than Real GDP in 2010
Transcribed Image Text:What is the Real GDP in 2020, according to the table below? Has the Real GDP increased or decreased compared to 2010? Year 2010 2020 Nominal Debt 1000 2500 Nominal GDP 4000 8000 Price Level/GDP Deflator 100 150 Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Real GDP = $4000 in 2020 and is less than Real GDP in 2010 b Real GDP = $4000 in 2020 and is greater than Real GDP in 2010 Real GDP = $5333 in 2020 and is less than Real GDP in 2010 d Real GDP = $5333 in 2020 and is greater than Real GDP in 2010
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