Nominal GDP in Agizewa country was 900 million quell in 2018, while real GDP was 750 million

Fantastic news! We've Found the answer you've been seeking!

Question:

Nominal GDP in Agizewa country was 900 million quell in 2018, while real GDP was 750 million quell. In 2019, nominal GDP is 600 million quell, real GDP is 400 quell. In the light of the information given, what is the change in GDP Deflator in 2019?

Related Book For answer-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

See More Books

Posted Date: Mar 20, 2024 04:57 AM

See More Questions

Given the graph below, identify all the values of x where each of the following occur. If none exist, indicate this with DNE. Relative Maximums: Relative Minimums: Absolute Maximums: Absolute...
Zinc Companys management team is preparing a cash budget for the coming quarter. They have prepared the following budgeted information for the first quarter: The company expects to collect 60% of its...
Some managers and union officials also refer to the collective agreement as what? Multiple Choice The real boss The rule book The bible The guiding framework Strategic doctrine
The following financial information is for Priscoll Company Additional information 1. Inventory at the beginning of 2016 was $115,000. 2. Accounts receivable (net) at the beginning of 2016 were...
Kuebler was a member in good standing of the lithographers union when it struck the Art Gravure Company. Several months after the strike began, Kuebler met in a non-secret meeting with 12 or 13 other...
What is the internal rate of return of the following cash flow diagram? a. 20 percent b. 18.2 percent c. 17.5 percent d. 15 percent $30 $31 0 1 2 3 $30 $15
At December 31, 2010, Grinkov Corporation had the following account balances. Installment Accounts Receivable, 2009........................$ 65,000 Installment Accounts Receivable,...
Prove that for all x = R, if a, b = Z such that x = a + b2, then a and b are unique.
1. The model should list the given financial information for all potential projects. 2. The model should associate with each proposed project a cell that is 1 if the project is approved and 0 if it...
The following C code defines a structure for student and then creates a student structure type variable by setting the no as 8 and name as "Demo". One statement is missing in this C code. Please...
Get Familiar with various Social Media Channels .The aim of this project is to help you focus on each channel's history, how it can be used for personal, business, and advertising purposes. You will...
Priya just started a business and is not sure how many units she needs to sell to earn a 30% profit margin. She currently makes coffee with coffee beans costing $0.50/coffee cup ordered. Rent for her...
Calculate the market price of a bond that promises a face value of $1,000 in 12 years. The bond pays semiannually an 8% annual coupon and the YTM is and annual rate of 9%.
Use the method of averages to find the approximate yield rate for the bond shown in the table below. The bond is to be redeemed at par. Face Value $6,000 Bond Rate Payable Semi-annually 9% Time...
Ace Products is deciding if it should launch its new Product 8, which will cannibalize Product 7 sales. Launching Product 8 will involve fixed costs of $2,634,848. Ace calculated weighted...
Which of the following is an example of a deontological argument in opposition to the following statement: "Medical aid in dying is something terminally ill patients who are mentally competent should...
Define cultural intelligence. Cite the books or journal articles you found in Capella's library. Explain why cultural intelligence is important for HR practitioners and other organizational managers.
The natural unemployment rate _______. A. increases if unemployment benefits become more generous B. increases in a recession C. increases as the average age of the labor force rises D. decreases as...
An increase in the government budget deficit _______. A. increases private saving and investment B. increases private saving and decreases investment C. increases the supply of private saving and...
How do healthcare programs and Social Security benefits drive spending and the deficit and how do they create fiscal imbalance and generational imbalance? CBO expects higher long-term deficits, the...
Please reflect on and explain the role and usefulness of the concept of SD in relation to the protection of the environment.
Has the concept of SD achieved the balance between all three pillars: environmental protection; economic development; and social issues?
What, if any, is the normative content of the concept of SD?

Nominal GDP in Agizewa country was 900 million quell in 2018, while real GDP was 750 million

Question:

Expert Answer:

Based on the information provided heres a breakdown of the GDP Deflator ... View the full answer

Foundations of Macroeconomics

Students also viewed these economics questions