Question
1. Below is the date on Netherland's GDP extracted from Eurostat, the European Union's statistical office, for the period 2007 - 2019, Real GDP is
1.Below is the date on Netherland's GDP extracted from Eurostat, the European Union's statistical office, for the period 2007 - 2019, Real GDP is calculated with a fixed Wight method and 2007 as the base year. Fill the table by calculating
% Change
NominalGDPin Price
Real GDPGDPdeflatorLevel
20052.297,822.297,82
20062.383,072.390,20
20072.460,992.510,11
20082.486,882.558,02
20092.346,672.456.66
20102.442,672.576,22
20112.530,362.699,10
20122.539,892.749,90
20132.542,582.809,48
20142.583,372.903,79
A- The GDP deflator for each year.
B - The change in price level, in percentage terms.
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The Legal Environment of Business A Critical Thinking Approach
Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne
6th Edition
978-0132666688, 132666685, 132664844, 978-0132664844
