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(Table: Per Capita GDP) Use Table: Per Capita GDP A)$500
B)$500

Question 168

Multiple Choice

(Table: Per Capita GDP) Use Table: Per Capita GDP. If 2016 is the base year, real GDP in 2016 was:  Year  Nominal GDP  Price Level  Population 2016$3,000100520198,00020010\begin{array} { | l | l | l | l | } \hline \text { Year } & \text { Nominal GDP } & \text { Price Level } & \text { Population } \\\hline \mathbf { 2 0 1 6 } & \$ 3,000 & 100 & 5 \\\hline \mathbf { 2 0 1 9 } & 8,000 & 200 & 10 \\\hline\end{array}


A) $500
B) $500.
C) $3,000
D) $3,000.
E) $4,000
F) $4,000.
G) $300,000
H) $300,000.

Correct Answer:

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