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Author Question: Table 8-14 Refer to Table 8-14. Consider the following data on nominal GDP and real GDP (values are ... (Read 30 times)

Jipu 123

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Question 1

Table 8-13







Consider the data shown above for Vicuna, a country that produces only two products: oranges and shirts.






Refer to Table 8-13. Nominal GDP for Vicuna for 2013 equals


◦ $4,920.
◦ $5,100.
◦ $5,300.
◦ $5,850.

Question 2

Table 8-14







Refer to Table 8-14.  Consider the following data on nominal GDP and real GDP (values are in billions of dollars): The GDP deflator for 2016 equals


◦ 92.2.
◦ 102.6.
◦ 108.5.
◦ 109.1.


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Marked as best answer by Jipu 123 on Mar 16, 2019

Li Jun

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Jipu 123

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review


sultansheikh

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Reply 3 on: Yesterday
Excellent

 

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