Refer to Table 8-15. Consider the following data on nominal GDP ...

[DelorasTo]

Refer to Table 8-15. 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

Refer to Table 2-2. Assume Billie's Bedroom Shop only produces pillows and blankets. A combination of 9 pillows and 21 blankets would appear
 
  A) along Billie's production possibilities frontier.
  B) inside Billie's production possibilities frontier.
  C) outside Billie's production possibilities frontier.
  D) at the vertical intercept of Billie's production possibilities frontier.

[phuda]

Answer to Question 1

C

Answer to Question 2

A

[DelorasTo]

YES! Correct, THANKS for helping me on my review

[bigcheese9]

Thanks for the timely response, appreciate it