Solved

Suppose That G1 Represents the Ratio of Year 2 GDP (g1+g2)/2 (g 1+g 2) / 2

Question 60

Multiple Choice

Suppose that g1 represents the ratio of year 2 GDP to year 1 GDP, both valued at year 1 prices. Suppose that g2 represents the ratio of year 2 GDP to year 1 GDP, both valued at year 2 prices. The ratio of chain-weighted year 2 GDP to chain-weighted year 1 GDP equals


A) (g1+g2) /2 (g 1+g 2) / 2
B) (g1×g2) /2 \left(g_{1} \times g_{2}\right) / 2
C) (g1+g2) /2 \left(\sqrt{g_{1}}+\sqrt{g_{2}}\right) / 2
D) g1×g2 \sqrt{g_{1} \times g_{2}}
E) g1/g1 \sqrt{g_{1} / g_{1}}

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents