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Ilia_Sergeevich [38]
3 years ago
7

If nominal GDP in 2014 is $20,000 billion while real GDP is $16,000 billion, then the GDP deflator in 2014 is

Business
1 answer:
Triss [41]3 years ago
7 0

Answer:

125

Explanation:

Calculation for GDP deflator in 2014

Using this formula

2014 GDP deflator=nominal GDP /real GDP*100

Let plug in the formula

2014 GDP deflator=$20,000 billion/$16,000 billion*100

2014 GDP deflator=125

Therefore GDP deflator in 2014 is 125

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Carol and her friends are creating a new company that ships monthly subscription boxes filled with beauty products to customers.
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3 years ago
Consider Boeing​ (a producer of jet​ aircraft), General Mills​ (a producer of breakfast​ cereals), and Wacky​ Jack's (which clai
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Explanation:

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Mass media can be employed to publicize a cause or product by distributing information that is distorted or exaggerated. What is
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Both Nadia and Samantha are applying to insure their car against theft. Nadia lives in a secure neighborhood, where the probabil
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