Answer: The real Gdp of country X in 2016 was 272,727,272,727.27
Explanation:
norminal Gdp of country X = 300,000,000,000
Gdp deflator = 110
Real Gdp for country X in 2016 = ?
To get the real gdp, we use the formula below
Real Gdp = (norminal Gdp/ Gdp deflator) * 100
Real Gdp = (300 000 000 000/110) * 100
Real Gdp= 2 727 272 727.27 * 100
Real Gdp = 272 727 272 727.27
