Asked by marc
                	27.	The following data show nominal GDP and the appropriate price index for several years.  Compute real GDP for each year and indicate whether you have “inflated” or “deflated” nominal GDP in finding real GDP.  All GDP are in billions.
Nominal Price level Inflated (I)
Year GDP index Real GDP Deflated (D)
1 $117 120 ___ ___
2 124 104 ___ ___
3 143 85 ___ ___
4 149 96 ___ ___
5 178 112 ___ ___
6 220 143 ___ ___
 
            
            
        Nominal Price level Inflated (I)
Year GDP index Real GDP Deflated (D)
1 $117 120 ___ ___
2 124 104 ___ ___
3 143 85 ___ ___
4 149 96 ___ ___
5 178 112 ___ ___
6 220 143 ___ ___
Answers
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            Writeacher
            
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                    Answered by
            Anonymous
            
    answer
    
                    Answered by
            Sheridan
            
    put the chrome to the dome
    
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