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Need a help with two questions QUESTION 8 Consider the following table of GDP in Stamfordia. Year Nominal GDP Deflator GDP (in (2015=100) billions) 2015
Need a help with two questions
QUESTION 8 Consider the following table of GDP in Stamfordia. Year Nominal GDP Deflator GDP (in (2015=100) billions) 2015 236 100 2016 278 120 2017 254 119 2018 295 125 2019 300 124 2020 325 130 What is the Real GDP in Stamfordia in 2017 using 2015 as a base year? (Round to two decimals)QUESTION 11 Consider the following table of GDP in Stamfordia. What is the annual real GDP growth in Stamfordia in 2017 using 2015 as a base year? (Round to two decimals. Enter percentages as numbers, i.e. for 9 percent enter 9 not 0.09)Step by Step Solution
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