If the nominal gross domestic product (GDP) for a year is 5.4 ...

[ishan]

If the nominal gross domestic product (GDP) for a year is 5.4 trillion, and the real gross domestic product (GDP) for the same year is 3.6 trillion, the GDP price index is _____.
 a. 0.667
  b. 150
 c. 66.67
  d. 50
 e. 33.33

Question 2

The American Recovery and Reinvestment Act, signed by President Barack Obama in 2009, aimed at:
 a. stimulating the aggregate demand in the economy.
 b. removing the supply bottlenecks in the economy.
 c. closing an expansionary gap through a contractionary fiscal policy.
 d. ensuring free trade flows across the world.
 e. providing higher unemployment benefits to the residents of the economy.

[jennafosdick]

Answer to Question 1

b

Answer to Question 2

a

[ishan]

TYSM

[raili21]

Excellent