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

which type of research reference do you use when rephrasing the original text without condensing it

How can you tell when a verb is imperfect, perfect, Ect.

The region between the tip and the shaft of a long bone is the ______________.

rewrite the expression using an exponent

What was the effect of the Watergate scandal on the 1972 election

Which of the following events helped launch (begin) the Neolithic Revolution? A The cooling of the Earth's climate B. The rise of the first city states c. The d

The function FX = 1/x is not an example of a rational function. A. True B. False

The picture represents the excretory system, Which is represented by the X? nephron ureter bladder urethra

A scale drawing of an office building is not labeled, but indicates 1/4 inch=5 feet. On the drawing, one wall measures 2 inches. How long is the actual wall?

An entrepreneur estimates his total profit (total revenue minus total cost) for his proposed company as p(x) = x3 − 4x2 + 5x − 20, where p is in hundreds of dol