Solved

Suppose That G1 Represents the Ratio of Year 2 GDP

Question 16

Multiple Choice

Suppose that g1 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 1 prices. Suppose that g2 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 2 prices. The ratio of chain-weighted year 2 GDP to chain-weighted year 1 GDP equals


A) (g? + g?) /2.
B) (g? x g?) /2.
C) ( Suppose that g1 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 1 prices. Suppose that g2 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 2 prices. The ratio of chain-weighted year 2 GDP to chain-weighted year 1 GDP equals A)  (g? + g?) /2. B)  (g? x g?) /2. C) (   +   ) /2. D)   + Suppose that g1 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 1 prices. Suppose that g2 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 2 prices. The ratio of chain-weighted year 2 GDP to chain-weighted year 1 GDP equals A)  (g? + g?) /2. B)  (g? x g?) /2. C) (   +   ) /2. D)   ) /2.
D) Suppose that g1 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 1 prices. Suppose that g2 represents the ratio of year 2 GDP to year 1 GDP,both valued at year 2 prices. The ratio of chain-weighted year 2 GDP to chain-weighted year 1 GDP equals A)  (g? + g?) /2. B)  (g? x g?) /2. C) (   +   ) /2. D)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions