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Answer :
Final answer:
The Real GDP is calculated by dividing the Nominal GDP by the GDP deflator and multiplying by 100. Therefore, in this case, the Real GDP equals $2 trillion (Option B).
Explanation:
The Real GDP can be determined by dividing the Nominal GDP ($2.5 Trillion) by the GDP deflator and then multiplying by 100.
The GDP deflator is an index that measures the level of prices in the economy relative to a base year.
So the calculation would be: (2.5 trillion / 125) * 100 = $2 trillion.
Therefore, the Real GDP is $2 trillion, which corresponds to option B. The correct option is B.
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