Suppose that the GDP deflator is 150, and nominal GDP is $7.5 billion. What is the real GDP? (A) $7.5 billion. (B) $5 bi

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answerhappygod
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Suppose that the GDP deflator is 150, and nominal GDP is $7.5 billion. What is the real GDP? (A) $7.5 billion. (B) $5 bi

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Suppose that the GDP deflator is 150, and nominal GDP is $7.5
billion. What is the real GDP?
(A) $7.5 billion.
(B) $5 billion.
(C) $500,000.
(D) $50 million.
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