Table 7.1 GDP
$$\begin{array} { | l | r | c | r | }
\hline & \begin{array} { c }
\text { Nominal GDP(in billions of } \
\text { dollars) }
\end{array} & \text { GDP deflator } & { \text { CPI } } \
\hline 2002 & \$6,992.4 & 106.2 & 151.6 \
\hline 2003 & 7,431.6 & 109.1 & 153 .8 \
\hline 2004 & 7,843.2 & 112.3 & 157 . 8\
\hline
\end{array}$$ Based on Table 7.1,the real GDP for 2004 was
A)$4,970.3 billion.
B)$6,811.7 billion.
C)$6,584.2 billion.
D)$6,984.1 billion.

Question

Table 7.1 GDP
$$\begin{array} { | l | r | c | r | } 
\hline & \begin{array} { c } 
\text { Nominal GDP(in billions of } \
\text { dollars) }
\end{array} & \text { GDP deflator } & { \text { CPI } } \
\hline 2002 & \$6,992.4 & 106.2 & 151.6 \
\hline 2003 & 7,431.6 & 109.1 & 153 .8 \
\hline 2004 & 7,843.2 & 112.3 & 157 . 8\
\hline
\end{array}$$ Based on Table 7.1,the real GDP for 2004 was
A)$4,970.3 billion.
B)$6,811.7 billion.
C)$6,584.2 billion.
D)$6,984.1 billion.

Quizplus · Accepted Answer

The Answer of Table 7.1 GDP
$$\begin{array} { | l | r | c | r | } 
\hline & \begin{array} { c } 
\text { Nominal GDP(in billions of } \
\text { dollars) }
\end{array} & \text { GDP deflator } & { \text { CPI } } \
\hline 2002 & \$6,992.4 & 106.2 & 151.6 \
\hline 2003 & 7,431.6 & 109.1 & 153 .8 \
\hline 2004 & 7,843.2 & 112.3 & 157 . 8\
\hline
\end{array}$$ Based on Table 7.1,the real GDP for 2004 was
A)$4,970.3 billion.
B)$6,811.7 billion.
C)$6,584.2 billion.
D)$6,984.1 billion.

Table 71 GDP Based on Table 7