Question
Question 1 (1 point) Year Nominal GDP Deflator Real GDP 1980 $12 $24 1990 18 75 2000 80 22.5 base 2010 20
Question 1 (1 point)
Year Nominal GDP
Deflator Real GDP 1980 $12 $24 1990 18 75 2000 80 22.5 base 2010 20 20
GDP in trillions of dollars. Fill in the blanks using onlyintegers. Do not use any dollar signs, labels,units, decimals, or points.
Blank 1:
Blank 2:
Blank 3:
Blank 4:
Question 2 (1 point)
The overall trend of nominal GDP appears to be increasing. Afterconverting to real GDP, to 2010 dollars, what is the trend?
a
Real GDP is declining.
b
Real GDP is fluctuating and cannot be determined.
c
Real GDP continues to increase.
d
Real GDP is constant.
Question 1 (1 point)
| Year | Nominal GDP | Deflator | Real GDP | |
| 1980 | $12 | $24 | ||
| 1990 | 18 | 75 | ||
| 2000 | 80 | 22.5 | ||
| base | 2010 | 20 | 20 |
GDP in trillions of dollars. Fill in the blanks using onlyintegers. Do not use any dollar signs, labels,units, decimals, or points.
Blank 1:
Blank 2:
Blank 3:
Blank 4:
Question 2 (1 point)
The overall trend of nominal GDP appears to be increasing. Afterconverting to real GDP, to 2010 dollars, what is the trend?
a | Real GDP is declining. |
b | Real GDP is fluctuating and cannot be determined. |
c | Real GDP continues to increase. |
d | Real GDP is constant. |
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Economics of Money, Banking and Financial Markets
Authors: Frederic S. Mishkin
9th Edition
978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905
