Question
Calculate Real GDP? Year Nominal GDP (billions of dollars) GDP Deflator (2005 = 100) Calculations Real GDP (billions of 2005 dollars) 1990 5979.6 72.7
Calculate Real GDP?
Year | Nominal GDP (billions of dollars) | GDP Deflator (2005 = 100) | Calculations | Real GDP (billions of 2005 dollars) |
---|---|---|---|---|
1990 | 5979.6 | 72.7 | 5,979.6 / (72.7/100) | _________ |
1995 | 7664.0 | 82.0 | 7,664 / (82.0/100) | _________ |
2000 | 10289.7 | 89.0 | 10,289.7 / (89.0/100) | _________ |
2005 | 13095.4 | 100.0 | 13,095.4 / (100.0/100) | _________ |
2010 | 14958.3 | 110.0 | 14,958.3 / (110.0/100) | _________ |
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Principles Of Economics
Authors: OpenStax
2nd Edition
1506699863, 978-1506699868
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