Consider the following information on GDP and CPI for an economy over the last three years: GDP
Question:
GDP ($ billions) CPI
2010 ................ 125.4 ....................... 105.3
2011 ................ 136.1 ....................... 106.1
2012 ................ 138.2 ....................... 106.4
Calculate nominal GDP growth for 2011 and 2012.
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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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