lesjuemmaRmaddinke lesjuemmaRmaddinke

03-02-2017
Computers and Technology

contestada

Assume a nation's Nominal GDP is 15 Trillion with an inflation rate of 35%. Find its Real GDP.

A. 11.1 Trillion
B. 14.9 Trillion
C. 13.8 Trillion

Respuesta :

scme1702 scme1702

10-02-2017

The formula for the relationship between real and nominal GDP is:
Real GDP = Nominal GDP / Deflator
Real GDP = 15 trillion / (1 + 0.35)
Real GDP = 11.1 trillion

The answer is A.

Answer Link

Otras preguntas

Select the correct text in the passage. Which two parts of this excerpt from W. W. Jacobs's "The Monkey's Paw" develop a suspenseful mood? PLZZ HELP ME DONT GUE

Which caribbean island is called the nature island

This waxy coating is which of the following types of organic molecule

the alamo was established as a spanish mission in

The topic is defined as the_______.

∠1 and ∠2 are complementary. If m∠1 = 4m∠2, find m∠1

Write a characteristic of the photic zone of a freshwater biome.

Ebit goes from $30m to $33m; depreciation goes from $10m to $12m; and interest expense goes from $6 m to $8m. what is the percent change in the numerator

Mrs. Benton prepares a 7 cup green bean casserole. She divides the casserole into equal 1/2 cup servings. If she eats one serving each day, how many days of ser

Cave:cavern::song:tune what type of word relationship does this analogy show