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QUESTION

If nominal Gross Domestic Product (GDP) in 2013 was $5 trillion, and the price level index was 210, then real Gross Domestic Product (GDP) was about...

If nominal Gross Domestic Product (GDP) in 2013 was $5 trillion, and the price level index was 210, then real Gross Domestic Product (GDP) was about __________.

Question 12 options:

$0.0238 trillion

$42 billion

$2.38 trillion

$10.5 trillion.

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