Based on the notation presented in Chapter 2, which of the following expressions represents nominal GDP?
A. Yt
B. PtYt
C. Yt/Pt
D. $Yt/Pt
Answer:B
Based on the notation presented in Chapter 2, which of the following expressions represents nominal GDP?
A. Yt B. PtYt C. Yt/Pt D. $Yt/Pt