Nominal GDP in a given year is $1.2 trillion, real GDP in the same year is $1.1
trillion. The GDP Deflator is:
1.0909
109.09
O 0.916
91.66

Answers

Answer 1

Answer:

109.9

Explanation:

GDP deflator is the calculation of the new prices of all the goods and services produced domestically in a given year.

GDP deflator is calculated by the division of the nominal GDP by the Real GDP and multiplying by 100.

GDP deflator = Nominal GDP/Real GDP*100

This translates to 1.2 trillion dollars/1.1 trillion dollars which will give 1.0909

The 1.0909 is then multiplied by 100 to give 109.9.


Related Questions

why people need not be representative to government

Answers

Answer:

Representative democracy, also known as indirect democracy or representative government, is a type of democracy founded on the principle of elected persons representing a group of people, as opposed to direct democracy. ... Representative democracy places power in the hands of representatives who are elected by the people.

The U.S. government is a prime example of representative and constitutional democracy. It is a representative democracy because the people, the source of its authority, elect individuals to represent their interests in its institutions. ... A chief executive, the President, elected by the people, then enforces these laws.

Representatives are chosen by citizens to serve in legislative bodies and to voice their concerns to the government. ... Each state in the country also has its own legislature and its own set of representatives. State legislatures make laws that are particular to their own state.

Which option best completes the diagram?
A disgruntled
employee lies
about his boss in
a newspaper
article.
?
A judge agrees
and rules that the
newspaper article
is not protected
speech.

Answers

Answer:

A judge agrees

and rules that the

newspaper article

is not protected

speech.

Answer: The boss argues that the article is libel

Explanation:

Apex

Hi I need general information about the Maya tribe
a couple of bullets would really help :)

Answers

Answer:

The Mayan people are an ethnolinguistic group of indigenous peoples of Mesoamerica.

They inhabited southern Mexico, Guatemala, Belize, El Salvador and Honduras.

It is estimated that six million Maya were living in this area at the start of the 21st century.

Explanation:

Hope this helps and pls brainliest

Which statement best explains why the Qin Dynasty collapsed?

A. Emperor Qin's Son was not as strong as his father,so powerful families again fought to control ancient China.
B. He die.

Answers

Answer:

A

Explanation:

the answer is A.

Yes I got it right it’s a

why people need not be representative to government

Answers

Explanation:

they may not ready to take such responsible

I’m assuming you mean, why people ( certain people ) shouldn’t be a representative of any government position, and to that there are multiple answers, the average joe cannot run for president because just to get your name out there costs millions of dollars. They may not be qualified, I wouldn’t want my state representative being someone without a college degree and no experience either in court or in political science. Those are just 2 examples among 100s as to why some people just can’t represent the government.

what changes were made to the environment by the TVA?​

Answers

Answer: FDR's ambitious plan transformed the Tennessee Valley by creating dams and reservoirs for electricity and flood control, controlling soil erosion through forest restoration and better farming techniques, and improving navigation and commerce along the Tennessee River.

Damon is saving for a vacation. He estimates that he'll need about $2,500 for the trip. He created an equation last week to model his savings
plan to determine how many more months of saving it will take to reach his goal. In the equation Damon created, x represents the number of
months since last week and y represents the total amount he's saved for the vacation Review his work, and select the true statement.
Step 1:
y = 500 + 400x
Step 2: y - 500 = 500 + 400x-500
Step 3: y - 500 = 400X
Step 4:
y - 500 4003
400
= 400
Step 5
y - 500
400
2,500 -- 500
Step 6:
400
Step 7
5= x

Answers

Answer:

He needs 5 more months of savings for him to reach his goal.

Explanation:

Given the equation that models Damon's saving plan as y = 500 + 400x  where x represents the number of  months since last week and y represents the total amount he's saved for the vacation. Since he estimates that he'll need about $2,500 for the trip, therefore y = $2,500.

In order to determine how many more months of saving (x) it will take to reach his goal, the following steps must be taken by Damon (Damon true statements)

Step 1:

y = 500 + 400x

Step 2: Subtract 500 from both sides

y - 500 = 500 + 400x - 500

y-500 = 400x

Step 3: Substitute y = $2500 into the resulting equation and solve for x

400x  = 2500-500

Step 4:  Take the difference of the value at the right hand side of the equation

400x = 2000

Step 5: Divide both sides by the coefficient of x (i.e 400)

[tex]\frac{400x}{400}= \frac{2000}{400}[/tex]

Step 6: Get the value of x

x = 5

Answer:The Answer is Step 3

Explanation:

Look at step three ,it says subsitute and if you look at the question step 3  in it is also subsitute.

How did the Renaissance culturally impact Italy?

Answers

The Renaissance changed the world in just about every way one could think of. It had a kind of snowball effect: each new intellectual advance paved the way for further advancements. Italy in the 14th century was fertile ground for a cultural revolution

As commander in chief, the president has the power to
o declare war.
o lead the military.
O fund the armed forces.
O call for a draft.

Answers

Answer:

lead the military

Explanation:

It would be an overstep in power.

Answer:

the answer is B

Explanation:

Light-rail systems have been tried all over the country, and
they've failed. Although the people who support them have
noble intentions, sadly, the system the city proposes is
doomed to fail as well. People simply enjoy their cars too
much to endure any inconvenience for the sake of the
environment. And I don't blame them. As the owner of
Jake's Used Cars and Trucks, I have seen the joy and
freedom car ownership brings people. Americans will
never abandon that feeling for the sake of being slightly
better citizens. I believe it is far more responsible to
purchase a high-quality car with good fuel efficiency.
Building an entire light-rail system from the ground up, as
the city proposes to do, will actually be more wasteful in
the end if nobody uses it - not to mention that it will take
years to build and cost taxpayers millions of dollars. I
encourage all city residents to vote against the light-rail
system on May 1
What is the main idea of this excerpt?

Answers

Answer: The statement that best describes the context of the excerpt is the one that says that the city has put a light-rail proposal on a ballot for citizens to vote on.

In fact, the excerpt belongs to a speech opposing the proposal of the light-rail, in which the owner of a car dealership details the negative aspects of the project, trying to convince voters to vote negatively on the proposal.

Use what you have learned about macroeconomics to
explain why the study of macroeconomics is important to
daily life. What can people gain from understanding how
economies work on the national or international level?

Answers

Answer and Explanation:

Macroeconomics refers to the analysis of the economy as a whole. It covers the components like inflation, unemployment rate, saving, investment, etc

It is important to research macroeconomics, so we can learn how the country's economy is doing.

Microeconomics also studies inflation, unemployment causes, national earnings, and market price variations.

Moreover, Macro-economics focuses on businesses and people's decisions.

The people would get to know how much is the GDP of the economy, population, etc so that the government should make the decisions based on the current situation

Answer:

Down here..

Explanation:

Studying macroeconomics can help individuals understand how interactions between regions, governments, and institutions influence their lives. By studying macroeconomics, individuals can predict and deal with economic challenges, such as inflation and unemployment.

Why did the Ming dynasty isolate itself after pushing the Mongols out?

Answers

Answer:

They stayed isolated for protection.

Explanation:

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