0
   

Real Growth Rate Calculation using Nominal GDP and the GDP Deflator

Forums: Macroeconomics
Email this Topic • Print this Page
 
 
measato
 
Reply Mon 30 Apr, 2018 01:55 pm
Suppose that in a particular country, nominal gross domestic product (GDP) grew by 8 percent, and the GDP deflator increased by 10 percent. The country’s growth rate of real GDP would be approximately equal to...

a -2%
b -.8%
c 0.8%
d 2%
e 18%

Can you please tell me how to figure this one out?

Thanks!
  • Topic Stats
  • Top Replies
  • Link to this Topic
Type: Question • Score: 0 • Views: 1,083 • Replies: 0
No top replies

 
 

Related Topics

What will become of our economy for the next five years? - Question by cicerone imposter
Nominal IR help - Question by randomizer0422
I need help please - Question by IlanSherer
Please help with Market Demand - Question by Michael32
Deflation situation - Question by IamAlban
Quantity theory of money challenge - Question by John123491
Intertemporal Open Market Macro question- Foreign country lending to Domestic country - Question by idkmanidkman
Calculation of Current Account Balance (International Macroeconomics) - Question by Flo3
Fear tactic for 2016 that never happened - Discussion by cicerone imposter
Oil price vs. exchange rate - Question by AlexR1
 
  1. Forums
  2. » Real Growth Rate Calculation using Nominal GDP and the GDP Deflator
Copyright © 2025 MadLab, LLC :: Terms of Service :: Privacy Policy :: Page generated in 0.03 seconds on 02/10/2025 at 01:56:47
▲ ▼