Real GDP can be calculated using which of the following formulas?
A) (Nominal GDP / real GDP) ´ 100.
B) (GDP chain price index / nominal GDP) ´ 100.
C) (Nominal GDP x100) / (GDP implicit price deflator) .
D) (Nominal GDP / inflation rate) ´ 100.
Correct Answer:
Verified
Q87: A country's current account balance is:
A) the
Q88: GDP is equal to:
A) GNP minus net
Q98: One way that an economy can grow
Q101: Net domestic product (NDP) is equal to
Q104: The calculation of the GDP chain price
Q105: The current account balance is equal to:
A)national
Q106: Intermediate goods are included in calculating gross
Q112: The difference between gross investment and net
Q113: GDP is the sum of exports, consumer
Q116: Gross domestic product (GDP) is a correct
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents