Solved

Real and Nominal GDP

Question 66

Multiple Choice

Real and Nominal GDP Real and Nominal GDP -Based on the table Real and Nominal GDP, if year one is the base year,then the GDP deflator for year three is ________. A) 165 B) 139.8 C) 85.8 D) 133.6 E) 114.6
-Based on the table "Real and Nominal GDP," if year one is the base year,then the GDP deflator for year three is ________.


A) 165
B) 139.8
C) 85.8
D) 133.6
E) 114.6

Correct Answer:

verifed

Verified

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

Related Questions

Q61: Over the past half-century,government transfer payments have

Q62: A few economies have the interesting characteristic

Q63: An international comparison of eight major industrialized

Q64: An example of a nominal variable is

Q65: Which is the largest category of income

Q67: The most frequently reported price index is

Q68: The unemployment rate is computed by _.<br>A)dividing

Q69: Table 2.1 GDP and its components,2012 <img

Q70: Table 2.1 GDP and its components,2012 <img

Q71: Subtraction of _ from Gross National Product