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 51 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?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit A noose hanging from a “Liberty Tree” reveals this artist’s bias: The “tar-and-feathering” of a Brit
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 ...
Men who are at risk for heart disease and report work-related stressors are at greater risk of death ... Men who are at risk for heart disease and report work-related stressors are at greater risk of death ...
standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple standard reduction potential (Eo), the greater the tendency of the oxidized form of a redox couple
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
The amount of genetic variation within populations is far greater than the variation between populat The amount of genetic variation within populations is far greater than the variation between populat
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library