Using the information from the previous problem, calculate the inflation rates and approximate real GDP growth rates
Question:
Using the information from the previous problem, calculate the inflation rates and approximate real GDP growth rates for 2011 and 2012.
Previous problem
Consider the following information on GDP and CPI for an economy over the last three years:
GDP ($ billions) CPI
2010 .............. 125.4 ............ 105.3
2011 .............. 136.1 ............ 106.1
2012 ............. 138.2 ............. 106.4
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Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0078115660
7th edition
Authors: Bradford Jordan, Thomas Miller
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