What was real GDP in 2018 measured in 2012 prices?  What was the growth rate of real GDP between 1998 and 2018 Was the growth rate of nominal GDP higher or lower than the growth rate of real GDP? Explain.

Suppose nominal GDP was $13,302.3 billion in 2007 and was $13,790.2 billion in 2009. If the GDP deflator for 2009 (with a base year of 2007) was 103.034, what is the growth rate of real output between 2007 and 2009? Show your calculations, otherwise you will lose a lot of points..

refer to the information for the U.S. economy provided below Labor Force (in Employed (in 1000s) Year Nominal GDP Real GDP Population (in billions of $) 9,784 (2009 base 1000s) year) 12,565 2017 211,410 142,267 136,559 2018 17,376 15,584 244,663 155,511 143,196 2019 17,923 15,903 246,915 155,460 145,224 Find 1- The labor force participation rate in 2018 2- Unemployment rate in 2019 3- Calculate the Employment Population Ratio for this economy 4- GDP deflator in 2019 5- Inflation

In May 2013, the value of the Consumer Price Index (CPI) in a certain country, Polonia, reached an all-time high of 228 index points and per capita nominal GDP was $48 comma 500. In January 1950, the CPI was at its lowest at 46 index points. Per capita nominal GDP in 1950 was $8 comma 000. Calculate real GDP per capita for 1950 by converting that year's nominal GDP per capita into current (2013) dollars. For 1950, real GDP per capita (in 2013 dollars) was

Using data from Table 19.5 how much of the nominal GDP growth from 1980 to 1990 was real GDP and how much was inflation?

Consider the following data about U.S. real GDP for the George W. H. Bush (1989-1993) and Bill Clinton (1993-2001) administrations: Year Real GDP (US$ billions) 1989 8786.4 1993 9521.0 2001 12682.3 The total growth rate for the Bill Clinton administration is (round to the nearest two decimals): %

Consider the following data on the Pakistan economy: Nominal GDP                  GDP Deflator Year                      (in billions of rupees) (base year 2012) 2018                                  21,501                                     111.4 1998                                  9,163                                       76.3   What was the growth rate of nominal GDP between 1998 and 2018? (Hint: The growth rate of a variable X over an N-year period is calculated as [(Xfinal/Xinitial)1/N – 1] x 100).  What was the growth rate of the GDP deflator between 1998 and 2018?  What was real GDP in 1998 measured in 2012 prices?  What was real GDP in 2018 measured in 2012 prices?  What was the growth rate of real GDP between 1998 and 2018?  Was the growth rate of nominal GDP higher or lower than the growth rate of real GDP? Explain.

Price level (GDP price index, 2012 - 100) Pocential 130 AS GDP 120 110- 100 90 AD 19.0 19.5 20.0 20.5 21.0 21.5 Real GDP (trillions of 2012 dollars)

Use the following table to calculate nominal and real (inflation-adjusted) growth in Country A's GDP per capita. Based on your calculation, which of the following is true? [Select one answer]    Year Nominal per capita GDP CPI (price index) Real per capital GDP Year 1 1000 1 1000 Year 2 1500 1.1 1363.64   There is not enough information to calculate the growth rate The nominal growth is 36.36% The nominal growth is 50% The nominal growth rate is 500%

12 C. What is the average growth rate per year of these two time periads? What C.