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

Author Question: The GDP DeflatorIf nominal GDP is $8 trillion and real GDP is $6 trillion, the GDP deflator is ... (Read 19 times)

jrobl3

  • Full Member
  • ***
  • Posts: 167
on: Nov 23, 2022

Question 1

The GDP Deflator


YearNominal GDPReal GDP
   1$16,067​$15,746​
   216,590​15,988​
   316,801​16,408​
   417,468​16,888​
Refer to the table. Consider the data in the table on nominal GDP and real GDP (values are in billions of dollars). The GDP deflator for Year 4 equals ________. (Round to the nearest tenth.)
◦ 103.4
◦ 96.7
◦ 1
◦ 220.8

Question 2

The GDP Deflator

If nominal GDP is $8 trillion and real GDP is $6 trillion, the GDP deflator is ________. (Round to the nearest tenth.)
◦ 133.3
◦ 0.8
◦ 75
◦ 0
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jrobl3 on Nov 23, 2022

Spike8502

  • Full Member
  • ***
  • Posts: 140
Reply #1 on: Nov 23, 2022
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 29% of students answer this correctly


jrobl3

  • Member
  • Posts: 167
Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)

Dnite

  • Member
  • Posts: 297
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president A parade for Grover Cleveland in Chicago in 1892, by John Klir. Music, mirth, real drama—a president
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Please advise 'How To' on Real Estate Math problem (Answer Provided)? Please advise 'How To' on Real Estate Math problem (Answer Provided)?
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Real skeleton of a lion Real skeleton of a lion
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library