Mathematics, 14.09.2021 15:10 elainestorm5676
Nominal GDP in 2002 was $11,103. From 2002-2020, real GDP growth was 0.025 (2.5%)
per year. The base year for calculating real GDP is 2020. Deflator based inflation1
from2002-2020 was 0.03 (3%) per year. What is the average annual growth rate of nominal GDP
from 2002-2020?
Answers: 1
Mathematics, 21.06.2019 19:30, gyliahicks
Jada has a meal in a restaurant she adds up the prices listed on the menu for everything they ordered and gets a subtotal of $42.00. after tax the total is 45.99. what percentage of the subtotal is the total?
Answers: 2
Mathematics, 21.06.2019 21:30, lainnn974
Questions 7-8. use the following table to answer. year 2006 2007 2008 2009 2010 2011 2012 2013 cpi 201.6 207.342 215.303 214.537 218.056 224.939 229.594 232.957 7. suppose you bought a house in 2006 for $120,000. use the table above to calculate the 2013 value adjusted for inflation. (round to the nearest whole number) 8. suppose you bought a house in 2013 for $90,000. use the table above to calculate the 2006 value adjusted for inflation. (round to the nearest whole number)
Answers: 3
Nominal GDP in 2002 was $11,103. From 2002-2020, real GDP growth was 0.025 (2.5%)
per year. The ba...
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