QUESTION 19 Nominal and Real GDP ($) Refer to the accompanying graph. The year 2000 must be the a. year when depreciation or capital consumption equaled zero. b. base year of the GDP price index. O c. point in time when GDP equaled 100. d. year when the GDP price index is zero. 2000 Time Nominal GDP Real GDP
QUESTION 19 Nominal and Real GDP ($) Refer to the accompanying graph. The year 2000 must be the a. year when depreciation or capital consumption equaled zero. b. base year of the GDP price index. O c. point in time when GDP equaled 100. d. year when the GDP price index is zero. 2000 Time Nominal GDP Real GDP
Chapter5: National Income Accounting
Section: Chapter Questions
Problem 14E
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