Question: Using the GDP Expenditure formula ( GDP = C + I + G + NX ) for columns C and D , Enter the appropriate
Using the GDP Expenditure formula GDP C I G NX
for columns C and D Enter the appropriate GDP category values in columns C and D to represent the Real GDP for both years with Gross domestic product, expenditurebased, Canada, quarterly $ being the base year Disregard the Statistical Discrepancy value from the observed data.
From your completed data table calculate the GDP deflator for the current and prior year.
What can you say has happened to the general price level between the two years?
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