Assume that in the base year, 2019, a country's nominal GDP is $10,000 billion. The country has had 5% inflation each year since 2014. Real GDP in 2019 is:
A)$10,500 billion.
B)$10,500 billion
C)$11,025 billion.
D)$11,025 billion
E)$10,000 billion.
F)$10,000 billion
G)$9,500 billion
H)$9,500 billion.

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The Answer of Assume that in the base year, 2019, a country's nominal GDP is $10,000 billion. The country has had 5% inflation each year since 2014. Real GDP in 2019 is:
A)$10,500 billion.
B)$10,500 billion
C)$11,025 billion.
D)$11,025 billion
E)$10,000 billion.
F)$10,000 billion
G)$9,500 billion
H)$9,500 billion.

Assume That in the Base Year, 2019, a Country's Nominal