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Question 6 Consider the following data: Nominal GDP for 1994 was ＄6550 billion, as compare

Question 6

Consider the following data: Nominal GDP for 1994 was ＄6550 billion, as compared to ＄6250 billion for 1993. The GDP deflator for 1994 was 102.5, as compared to 100.0 for 1993.

(a)Calculate the rates of growth of nominal GDP and real GDP for 1994.

(b)What was the inflation rate (as measured by the GDP deflator) for 1994？

提问人：网友iamc333 发布时间：2022-01-07

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