Suppose Miguel wants to know the value of real gross domestic product (GDP) for 2011 in terms of the base year 1984 dollars. In
1984 nominal GDP was $10 billion. In 2011 nominal GDP was $15 billion and the price deflator was 200. Real GDP in 1984 dollars would be equal to which of the following? $5 billion
Answer: After Germany annexed Austria in March 1938 and particularly after the Kristallnacht pogroms of November 9–10, 1938, nations in western Europe and the Americas feared an influx of refugees.