21,433 112.3 Instructions: Round your responses to the nearest billion. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. a. Calculate real GDP for 2016 using 2006 prices. $ billion b. By how much did real GDP increase between 2006 and 2016? $ billion c. By how much did nominal GDP increase between 2006 and 2016? $ billion aw 30,758 O DEC 4 m 28 DIL DD 000 F9 F10 F11 F7 F2 F3 F4 F5 F6 F8 &M (no subject) - makenz x Question 8 - Ch 05 Hc x Student Home X Grades for Makenzie $ X Homework Help - Q& X MACRO TEST C ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/a Ch 05 Homework i Saved Help Save & Ex Ched 8 Using the data in the table below related to nominal GDP, real GDP, and total population, answer the questions for the time period 2015-2016: Nominal GDP (in Real GDP (in 12.5 Year Millions) Millions) (2012 Population (in Millions) points Base Year) 2000 $9,817,000 $13, 131,000 282.4 2001 10, 128,000 13,262,000 285.5 eBook 2002 10,469,000 13,493,000 288.6 Print 2003 10,960,000 13,879,000 291.0 References 2004 11,685,000 14,406,000 293.7 2005 12,422,000 14,913,000 + 296.6 2006 13, 178,000 15,338,000 299.8 2007 13,808,000 15,626,000 302.0 2008 14,291,000 15,605,000 304.9 2009 13,939,000 15,209,000 307.0 2010 14,524,000 15,599,000 309.4 2011 15,518,000 15,841,000 311.7 2012 16, 163,000 16, 197,000 314.0 2013 16,768,000 16,495,000 316.2 2014 17,393,000 16,912,000 318.6 2015 18,037,000 17,432,000 320.9 2016 18,954,000 17,731,000 323.1 2017 19,543,000 18, 144,000 325.1 2018 20,612,000 18,688,000 327.1 2019 21,433,000 19,092,000 329.1 Mc Graw Hill C ezto.mheducation Ch 05 Homework Saved 4 Refer to the data below (all values are in billions): Nominal GDP GDP Deflator Year (in Billions of (Price Index, 12.5 Dollars) (2012 = 100) points 2000 9,817 78.1 2001 10,128 79.8 eBook 2002 10,469 81.1 2003 Print 10,960 82.6 2004 11,685 84.8 References 2005 12,422 87.4 2006 13, 178 90.1 2007 13,808 92.5 2008 14,291 94.3 2009 13,939 95.0 2010 14,524 96.1 2011 15,518 98.1 2012 16,163 100.0 2013 16,768 101.8 2014 17,393 103.6 2015 18,037 104.6 2016 18,954 105.7 2017 19,543 107.7 2018 20,612 110.3 2019 21,433 112.3 Mc Graw Hill Graw 900 28 ... ... A