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

What organ absorbs excess water from undigested food prior to its release from the body as a solid waste

After the election of 1890, organized groups supporting farmers called for the formation of a third party that became generally known as the _______ Party. A. A

Why did the Republican Isolationists refuse to ratify President Wilson’s League of Nations? They were angry about the president’s decision to take only one Repu

When and how was South Asia formed?

Four Corners monument in the Navajo Nation marks the only place where four American states--Arizona, Colorado, Utah, and New Mexico--are __________. circumferen

pls help In "The Convict and the Bishop," why does the bishop call Valjean "my brother"? A. The bishop considers all humanity to be his brother. B. The bishop c

A flagpole casts a shadow 27 feet long . A person standing nearby nearly casts a shadow 8 feet long . If the person is 6 feet tall , how tall is the flagpole

A country does not need a clearly defined

the metric system is now known as the international system of units T or F?

ben mowed 5/6 of his lawn in one hour. john mowed 4/6 of his lawn in one hour who mowed less of his lawn in one hour