selected_pb. - 24 Ifreal GDPforagivenyearis$$2400 A...

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24) 
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If real  GDP for a given year is $2400 billion and nominal GDP is $2400  A) 
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this year is the  base year for the GDP deflator.  B) 
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the GDP  deflator for this year is 1.25.  C) 
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the GDP  deflator for this year is 0.8.  D) 
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the GDP  deflator for this year is 1.10.  Answer:  
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Refer to  above Table 2-1. What is the level of Gross Domestic Product?  A) 
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2690  B) 
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3050  C) 
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2430  D) 
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3010  Answer:  
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Refer to  above Table 2-1. What is the level of National Income?  A) 
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2630  B) 
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2420  C) 
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2660  D) 
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2430  Answer:  
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Refer to  above Table 2-1. What is the level of Net Private Domestic Investment?  A) 
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420  B) 
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780  C) 
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380  D) 
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340  Answer:  
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28) 
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Refer to  above Table 2-1 What is the level of Corporate Profits?  A) 
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260  B) 
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180  C) 
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270  D) 
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This note was uploaded on 04/07/2012 for the course BUSINESS CS204, Eco taught by Professor Mr during the Spring '12 term at American University of Beirut.

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selected_pb. - 24 Ifreal GDPforagivenyearis$$2400 A...

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