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

Author Question: If real GDP in 2016 using 2015 prices is higher than nominal GDP of 2016, then (Read 63 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Apr 19, 2019

Question 1

When differences between nominal GDP and real GDP result due to price changes and nothing else is compared, an index called the ________ is created.


◦ inflation index
◦ consumer price index
◦ GDP deflator
◦ index of leading indicators

Question 2

If real GDP in 2016 using 2015 prices is higher than nominal GDP of 2016, then


◦ prices in 2016 are higher than prices in 2015.
◦ nominal GDP in 2016 equals nominal GDP in 2015.
◦ prices in 2016 are lower than prices in 2015.
◦ real GDP in 2016 is smaller than real GDP in 2015.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by kamilo84 on Apr 19, 2019

tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
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.
Answer Preview
Only 56% of students answer this correctly


kamilo84

  • Sr. Member
  • ****
  • Posts: 495
Reply #2 on: Apr 19, 2019
Excellent


tashiedavis420

  • Sr. Member
  • ****
  • Posts: 329
Reply #3 on: Apr 19, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Statistics Center (07/2016) Statistics Center (07/2016)
The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage The demand for oil can be reduced significantly with the introduction of new higher vehicle mileage
Mastering Biology Question Mastering Biology Question
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
CJ 2015 CJ 2015
Number line (real numbers) Number line (real numbers)
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library