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3 years ago

If real gdp in a particular year is $80 billion and nominal gdp is $240 billion, the gdp price index for that year is:

1 answer:

5 0

<span>The gdp price index for that year is 300.
This is how we calculate this;
Gdp price index = 100 x nominal gdp / real gdp
=100 x 240 / 80
=24000/80
</span>Gdp price index = 300

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4 years ago

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vivado [14]

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3 years ago

What percentage profit is made on a sale if the selling price is $225,000 and the purchase price is $190,000?

IgorLugansk [536]

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Since the selling price is more than the purchasing price, there is obviously a profit gained.

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Learn more about profit at brainly.com/question/19104371

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2 years ago