FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

For the previous estimate of 3.835 trillion, the commerce ministry revised the real GDP of the country to 3.877 trillion. Before any adjustment for inflation

For the previous estimate of 3.835 trillion, the commerce ministry revised the real GDP of the country to 3.877 trillion. Before any adjustment for inflation was made, the GDP was 4.603 trillion, up from 4.523 trillion. What is the GDP deflator used in the revision of the calculation?
Please show detail

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smart Supply Chain Finance

Smart Supply Chain Finance

Authors: Hua Song

1st Edition

9811659966, 978-9811659966

More Books

Students also viewed these Finance questions

Question

★★★★★
A particle of mass m = 5.00 kg is released from point A and slides on the frictionless track shown in Figure P8.24. Determine (a) The particles speed at points B and C and (b) The net work done by...

Answered: 1 week ago

Question

★★★★★
Habits of Mind Visit http://www.habitsofmind.org/content/managing-impulsivity to read an online article about habits of mind, specifically, managing impulsivity. Think about how some of your own...

Answered: 1 week ago

Question

★★★★★
Determine the following indefinite integrals. (a) 15e" 15e/4 dt (b) 2/3 dx | 15/4, 15e1/4 dt = S e(1/4) dt = 15 [(1/4)]e(1/4) + c = 60e1/4 + c 1 x/3 dx = 5/33/3 + c = 15/3 + 0 dx (c) 4x (d) Sa dt (e)...

Answered: 1 week ago

Question

★★★★★
On January 1, 2012, Porter Company purchased an 80% interest in Salem Company for $260,000. On this date, Salem Company had common stock of $207,000 and retained earnings of $130,500. An examination...

Answered: 1 week ago

Question

★★★★★
The expected return on Kemper Industries stock is 9.98 percent while the expected return on the market is 6.78 percent. The stock's beta is 1.52. What is the risk-free rate of return? 0.32 percent...

Answered: 1 week ago

Question

★★★★★
Oberon, Inc., has a $20 million (face value) 8-year bond issue selling for 99 percent of par that pays an annual coupon of 8.05 percent. What would be Oberons before-tax component cost of debt?

Answered: 1 week ago

Question

★★★★★
Describe how course learning activities and assignments will help you achieve MSN Program Outcome 3: Engage in lifelong personal and professional growth through reflective practice and appreciation...

Answered: 1 week ago

Question

★★★★★
problem solving: Gigabytes Computers, Inc, manufactures two styles of computer keyboards, the multimedia Keyboard and the Comfort Type keyboard. The company uses activity based costing to allocate...

Answered: 1 week ago

Question

★★★★★
John was a high school teacher earning a net salary of $54,000 per year. After working for one year, he quit his job to start his own milk bar business. In order to start the business, John borrowed...

Answered: 1 week ago

Question

★★★★★
Betty's Bed frames, Inc. purchases a key component of one of its products from a local supplier. The current purchase price is $1,525 per unit. Annual component usage should increase from 150 to 750...

Answered: 1 week ago

Question

★★★★★
Problem 6-27 Sales Mix; Break-Even Analysis; Margin of Safety [LO6-7, LO6-9] Island Novelties, Inc., of Palau makes two productsHawaiian Fantasy and Tahitian Joy. Each products selling price,...

Answered: 1 week ago

Question

★★★★★
5. Understand how cultural values influence conflict behavior.

Answered: 1 week ago

Question

★★★★★
8. Explain the relationship between communication and context.

Answered: 1 week ago

Question

★★★★★
1. What methods were used in this case to identify the causes of high turnover and low productivity? What other methods could have been used to obtain better data?

Answered: 1 week ago

Previous Question Next Question