Using the information from Problem 10, calculate the inflation rates and approximate real GDP growth rates for

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Using the information from Problem 10, calculate the inflation rates and approximate real GDP growth rates for 2014 and 2015.


Data From Problem 10

Consider the following information on GDP and CPI for an economy over the last three years:GDP ($ billions) CPI 2013 125.4 105.3 2014 136.1 106.1 106.4 2015 138.2 Calculate nominal GDP growth for 2014 and 2015.

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Related Book For  book-img-for-question

Fundamentals of Investments, Valuation and Management

ISBN: 978-1259720697

8th edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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