Use the data in the following table to calculate GNP deflator, the growth rate for nominal GNP,
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Use the data in the following table to calculate GNP deflator, the growth rate for nominal GNP, GNP deflator, and real GNP.
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Year/quarter 2005 Q1 2005 Q2 2005 Q3 2005 Q4 2006 Q1 2006 Q2 2006 Q3 2006 Q4 2007 Q1 2007 Q2 2007 Q3 2007 Q4 Real GNP ($) 10,941.90 11,014.70 11,151.20 11,151.10 11,294.00 11,362.50 11,375.90 11,447.80 11,466.70 11,580.00 11,744.60 11,799.10 Nominal GNP ($) 12,468.70 12,596.20 12,835.70 12,979.80 13,242.00 13,406.00 13,494.70 13,655.90 13,828.80 14,056.30 14,270.90 14,451.80
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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