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

Stanley practices his running, swimming and biking every day. During these practices he runs at 9 mph, bikes at 16 mph and swims at 2.5 mph. Yesterday he ran fo
What ratio is equivalent to 56/21
PLZ I RLY NEED HELP.... What are the characteristics of historical events that are significant in shaping Canada’s identity? (essentially any countrys identity)
Where was moses buried at
Manual de gramatica.
What event happened after Fannin surrendered to Urrea? pls help me
Do you agree or disagree with Jung? If you disagree, explain why. If you agree, provide an example of collective unconscious or memory. For example, do you feel
How do you do these two?
Please help copy and paste then add your answer 1. =2. =3. =4. =5. =6. =7. =8. =9. =10. =
which primate is least closely related to humans​