Remaining Time: 50 minutes, 11 seconds. Question Completion Status: QUESTION 4 Consider the following data that...

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Remaining Time: 50 minutes, 11 seconds. Question Completion Status: QUESTION 4 Consider the following data that gives the qua

Answer 1

Answer #1

14) e. $750

GDP = 5*100 + 25*10= 750

15) e. 108.3

Nominal gdp in 2013= 3*200 + 2*400 + 5*500= 3900

Real gdp in 2013= 2*200 + 3*400 + 4*500= 3600

Gdp deflator = 3900*100/3600= 108.3

Answer 2

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