If real GDP in a year was $4,896 billion and the price index was 130, then nominal GDP in that year was approximately

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter11: Gross Domestic Product
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If real GDP in a year was $4,896 billion and the price index was 130, then nominal GDP in that year was approximately
Transcribed Image Text:If real GDP in a year was $4,896 billion and the price index was 130, then nominal GDP in that year was approximately
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