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Author Question: If the GDP deflator is greater than 100, then (Read 31 times)

justinmsk

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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
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Marked as best answer by justinmsk on Apr 19, 2019

Meganchabluk

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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.
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justinmsk

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Reply #2 on: Apr 19, 2019
TY


Meganchabluk

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Reply #3 on: Apr 19, 2019
You're welcome


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