M michaelwatz Guest Mar 30, 2009 #1 In 2001, the price index was 172.2 and nominal GDP was 2971 billion dollars. What was real GDP for 2001 in base year prices? (please explain answer)
In 2001, the price index was 172.2 and nominal GDP was 2971 billion dollars. What was real GDP for 2001 in base year prices? (please explain answer)