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Author Question: The GDP deflator in year 4 is 120 and the GDP deflator in year 5 is 130. The rate of inflation ... (Read 95 times)

strangeaffliction

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on: Apr 19, 2019

Question 1

If the GDP deflator is less 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.

Question 2

The GDP deflator in year 4 is 120 and the GDP deflator in year 5 is 130. The rate of inflation between years 4 and 5 is


◦ -10%.
◦ 7.7%.
◦ 8.33%.
◦ 10%.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by strangeaffliction on Apr 19, 2019

stanleka1

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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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strangeaffliction

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Reply #2 on: Apr 19, 2019
Thank you!


stanleka1

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Reply #3 on: Apr 19, 2019
Always glad to help...


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