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Business, 17.10.2020 20:01 wj300

Consider the following data on U. S. GDP: YearNominal GDP (Billions of dollars)GDP Deflator (Base year 2009)
201517,947109.8
19957,66475.3
The growth rate of nominal GDP between 1995 and 2015 was , and the growth rate of the GDP deflator between 1995 and 2015 was .

Measured in 2009 prices, real GDP was billion in 1995 and billion in 2015.

The growth rate of real GDP between 1995 and 2015 was .

The growth rate of nominal GDP between 1995 and 2015 was than the growth rate of real GDP.

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Consider the following data on U. S. GDP: YearNominal GDP (Billions of dollars)GDP Deflator (Base y...
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