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 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

Suppose you have a chunk of water ice. describe what happens to it
Summarize the order of operations for evaluating expressions. Use complete sentences.
Ricky notices a similarity between a fried egg and the diagram of a cell. Which cell organelles is Ricky likely to associate with the parts of the egg?
Sally is pouring an entire gallon if juice into 8 glasses. What part gallon will be in each glass?
You see that one of the residents need much more help eating than normal. What should you do after offering to assist the resident?
In what way do nuclear reactors negatively affect ecosystems?
How were younger children taught in the 1800s?
piggy represents the voice of reason and logic, but is ignored explain why (3 sentence)
I need some help with 22, 24, 25
What is a hemisphere?