This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the GDP deflator is greater than 100, then (Read 47 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
on: Apr 19, 2019

Question 1

If nominal GDP is $8 trillion and real GDP is $6 trillion, the GDP deflator is


◦ 48.
◦ 75.
◦ 133.33.
◦ 480.

Question 2

If the GDP deflator is greater than 100, then


◦ nominal GDP is greater than real GDP.
◦ nominal GDP is lower than real GDP.
◦ nominal GDP equals real GDP.
◦ prices decreased by more than half between the current and the base years.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by justinmsk on Apr 19, 2019

Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


justinmsk

  • Hero Member
  • *****
  • Posts: 524
Reply #2 on: Apr 19, 2019
TY


Meganchabluk

  • Sr. Member
  • ****
  • Posts: 301
Reply #3 on: Apr 19, 2019
You're welcome


« previous next »
 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Greater wings Greater wings
The Whole Is Greater than the Sum of its Parts The Whole Is Greater than the Sum of its Parts
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
Young adults who described themselves as “not being religious at all” had greater stress ... Young adults who described themselves as “not being religious at all” had greater stress ...
The impact of climate change is greater in some areas than in others The impact of climate change is greater in some areas than in others
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library