What is the amount of Prize money per category?
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$ 1 million
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$ 1.5 million
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$ 1.3 million
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$ 1.2 million
C
Correct answer
Explanation
As of recent years, each Nobel Prize category comes with a monetary award of approximately 10 million Swedish kronor, which equals roughly $1.3 million USD. This amount has varied over time but has generally increased. The prize money is divided if there are multiple laureates in a category.