Year Real GDP Nominal GDP Price Index 2000 $14,500 A 100 2001 $15,500 $17,000 B 2002 S20,000 117 2003 $19.000 $24,000 D 2004 E S27000 130 24) Fill in the missing number that goes in B. а. 129.5 O b. 109.7 c. 125.8 d. 190.6
Year Real GDP Nominal GDP Price Index 2000 $14,500 A 100 2001 $15,500 $17,000 B 2002 S20,000 117 2003 $19.000 $24,000 D 2004 E S27000 130 24) Fill in the missing number that goes in B. а. 129.5 O b. 109.7 c. 125.8 d. 190.6
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 3SCQ: Using data from Table 19.5 how much of the nominal GDP growth from 1980 to 1990 was real GDP and how...
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