Using the information from Problem 10, calculate the inflation rates and approximate real GDP growth rates for
Question:
Data From Problem 10
Consider the following information on GDP and CPI for an economy over the last three years:Calculate nominal GDP growth for 2014 and 2015.
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GDP ($ billions) CPI 2013 125.4 105.3 2014 136.1 106.1 106.4 2015 138.2
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Related Book For
Fundamentals of Investments, Valuation and Management
ISBN: 978-1259720697
8th edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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