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Nominal GDP was $9,817 billion in 2000 and $18,569 billion in 2016. The chain-weighted price deflator (price index) for GDP was 81.9 in 2000 and
Nominal GDP was $9,817 billion in 2000 and $18,569 billion in 2016. The chain-weighted price deflator (price index) for GDP was 81.9 in 2000 and 111.4 in 2016.
- Calculate real GDP for 2016 using 2000 prices.
- By how much did real GDP increase between 2000 and 2016?
- By how much did nominal GDP increase between 2000 and 2016?
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The Vanishing American Corporation Navigating The Hazards Of A New Economy
Authors: Jerry Davis, Gerald F Davis
1st Edition
1626562792, 9781626562790
