GDP

How does current-dollar GDP differ from real GDP?

• Real GDP uses current prices while current-dollar GDP removes inflation
• Current-dollar GDP uses current prices, while real GDP adjusts for price changes
• They are always identical
• Neither measure uses prices

About how much current-dollar GDP did Arkansas produce in 2025?

• $198.422 billion
• $98.422 billion
• $298.422 billion
• $398.422 billion

About what was Arkansas’s real GDP in 2025, in chained 2017 dollars?

• $100.640 billion
• $198.422 billion
• $250.640 billion
• $150.640 billion

About what was Arkansas’s real GDP in 2024?

• $97.390 billion
• $147.390 billion
• $177.390 billion
• $247.390 billion

About how much did Arkansas real GDP grow from 2024 to 2025?

• 0.2%
• 5.2%
• 12.2%
• 2.2%

Which statement about GDP per resident is correct?

• It is exactly the typical worker’s wage
• It is the same as household income
• It is not the same as personal income or average wages
• It measures only government salaries