Refer to Table 19-15. Consider the following data on nominal GDP and real GDP (values are in ...

Author Question: Refer to Table 19-15. Consider the following data on nominal GDP and real GDP (values are in ... (Read 98 times)

vicotolentino

Hero Member
Posts: 552

on: Jun 29, 2018

Refer to Table 19-15. Consider the following data on nominal GDP and real GDP (values are in billions of dollars): The GDP deflator for 2015 equals

A) 94.1. B) 105.1. C) 106.2. D) 108.5.

Question 2

Household wealth is defined as the value of a household's

A) assets minus the value of its liabilities. B) liabilities.
C) assets plus the value of its liabilities. D) assets.

mjenn52

Sr. Member
Posts: 351

Reply #1 on: Jun 29, 2018

Answer to Question 1

C

Answer to Question 2

A

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vicotolentino

Hero Member
Posts: 552

Reply #2 on: Jun 29, 2018

Thank you

mjenn52

Sr. Member
Posts: 351

Reply #3 on: Jun 29, 2018

Happy to help you

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