YEAR 2000 2001 2002 A) 41 What is the price index in 2002? B) 100 C) 104 Nominal GDP $3055 D) 140 $3410 Real GDP $3170 $3280 PRICE INDEX 95 100
YEAR 2000 2001 2002 A) 41 What is the price index in 2002? B) 100 C) 104 Nominal GDP $3055 D) 140 $3410 Real GDP $3170 $3280 PRICE INDEX 95 100
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 11RQ: What are the main components of measuring GDP with what is demanded?
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Please answer correct please help
![YEAR
2000
2001
2002
B) 100
What is the price index in 2002?
OA) 41
C) 104
Nominal GDP
$3055
D) 140
$3410
Real GDP
$3170
$3280
PRICE INDEX
95
100](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbc958f98-a3e4-4fb8-8288-1bd8b438dbee%2Fd604adf6-7a19-4aa0-ab7b-ac7a2d3a637e%2Fk7lb82sj_processed.jpeg&w=3840&q=75)
Transcribed Image Text:YEAR
2000
2001
2002
B) 100
What is the price index in 2002?
OA) 41
C) 104
Nominal GDP
$3055
D) 140
$3410
Real GDP
$3170
$3280
PRICE INDEX
95
100
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