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Murljashka [212]
2 years ago
12

In 2007, the nominal gross domestic product (gdp) was $50 billion and the gdp deflator was 200. Thus real gdp was.

Business
1 answer:
Rasek [7]2 years ago
5 0

From the information provided, the Real GDP will be $ 250 Million.

<h3>What is Real GDP?</h3>

This is a macroeconomic factor or statistic that is used to quantify the worth of goods and services that an economy has produced in a given period subject to an adjustment for inflation.

The real GDP is calculated by dividing the nominal GDP by the GDP Deflator. From the information provided, this will be:

$50,000,000,000/200= $250,000,000

See the link below to learn more about Real GDP:

brainly.com/question/7244432

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