Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

The nominal GDP in quarter 2 of 1963 in Canada was equal to 48.64 billion dollars and the real GDP was 399.15 billion dollars of

The nominal GDP in quarter 2 of 1963 in Canada was equal to 48.64 billion dollars and the real GDP was 399.15 billion dollars of 2012. What is the GDP deflator base 100 = 2012 for this quarter? Round your answer to the nearest first decimal.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Environmental Economics and Management Theory, Policy and Applications

Authors: Scott J. Callan, Janet M. Thomas

6th edition

1111826673, 1111826676, 1439080634, 1439080631, 9781285528540 , 978-1111826673

More Books

Students also viewed these Economics questions

Question

★★★★★

A computer repair service has a design capacity of 80 repairs per day. Its effective capacity, however, is 64 repairs per day, and its actual output is 62 repairs per day. The manager would like to...

Answered: 1 week ago

Question

★★★★★

What are the advantages and disadvantages of group incentive schemes? AppendixLO1

Answered: 1 week ago

Question

★★★★★

Will something truly bad happen if I dont follow this value?

Answered: 1 week ago

Question

★★★★★

The standard heat of combustion (Hc) of liquid 2.3,3-trimethylpentane [C8H18] is reported in a table of physical properties to be 4850 kJ/mol. A footnote indicates that the reference temperature for...

Answered: 1 week ago

Question

★★★★★

roblem 1-3A On May 1, Nimbus Flying School, a company that provides flying lessons, was started with an investment of $45,250 cash in the business. Following are the assets and liabilities of the...

Answered: 1 week ago

Question

★★★★★

Instructions Now that you know what a Master budget is and why managers create them, it is time to apply that knowledge. First, find a budget. It can be from work, your own business, or your own...

Answered: 1 week ago

Question

★★★★★

An analysis of a company's estimated liability account revealed the following information: Balance March 1, 2023: Balance March 31, 2023: $14,200 15,960 Sales of product with 2-year warranty:...

Answered: 1 week ago

Question

★★★★★

The case in question is 1079268 Ontario Inc. v. GoodLife Fitness Centres Inc., [2017] ONCA 12. How does the Ontario Court of Appeal decide the case? Who "wins" and who "loses"? . How does the court...

Answered: 1 week ago

Question

★★★★★

Two PFC Channel2 are welded together to form the composite section as shown in Figure (a). The channel properties are given in Figure (b) where x and y indicate centroidal axes. a) Figure (a) y....

Answered: 1 week ago

Question

★★★★★

step a = 7 minutes , Step B = 3 minutes, Step C 10 minutes, Step D = 6 minutes, Step E = 5 minutes If you could add one more resource to one of the steps (assuming each step is currently being done...

Answered: 1 week ago

Question

★★★★★

Given the following PMF: Px(k) = LA LT 18 12 0 for k = 1 for k = 2 for k = 3 for k = 4 otherwise (a) Find and plot the CDF. (b) Find Var(X) (c) Let Y = 2/X. Find E[Y]

Answered: 1 week ago

Question

★★★★★

Economics A product called ClickClacks are manufactured by ClickClack Inc. In this project, you will use the Profit, Revenue, and Cost functions for producing and selling ClickClacks to demonstrate...

Answered: 1 week ago

Question

★★★★★

4. What is meant by the following statement, What we take for granted in a social situation may actually prove to be mechanisms that govern how we evaluate and act in the situation?

Answered: 1 week ago

Question

★★★★★

6. What is meant by the following statement, the methods used to uncover (construct) reality guide our thinking and actions in relation to this reality?

Answered: 1 week ago

Question

★★★★★

1. Discuss the following statements: (a) A person who describes something, ignores something else. (b) Our description of something will always be different from the thing we describe. (c) Our social...

Answered: 1 week ago

Previous Question Next Question