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Author Question: The GDP DeflatorYearNominal GDPReal GDP 1$16,022$15,732 216,59016,018 316,87016,425 ... (Read 57 times)

nods

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Question 1

The GDP Deflator


YearNominal GDPReal GDP
   1$16,150$15,731
   216,54216,022
   316,82816,396
   417,61216,908
Refer to the table. Consider the data in the table on nominal GDP and real GDP (values are in billions of dollars). The GDP deflator for Year 2 equals ________. (Round to the nearest tenth.)
◦ 1
◦ 103.2
◦ 97.4
◦ 76.5

Question 2

The GDP Deflator


YearNominal GDPReal GDP
   1$16,022$15,732
   216,59016,018
   316,87016,425
   417,58016,909
Refer to the table. Consider the data in the table on nominal GDP and real GDP (values are in billions of dollars). The GDP deflator for Year 3 equals ________. (Round to the nearest tenth.)
◦ 102.7
◦ 96.6
◦ 198.6
◦ 1


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Marked as best answer by nods on Nov 23, 2022

ryanb

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nods

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Reply 2 on: Nov 23, 2022
Great answer, keep it coming :)


nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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