2. Table 1 shows the current GDP Data and real GDP for the year 2013 to 2015. Current GDP RM175 bilion RM189 bilion RM201 bilion True/Right GDP deflator RM175 biljon RM183 bilion RM185 bilion Year Inflation rate 2013 100 2014 2015 a. Fill in the blanks for the deflection and infusion rate for 2014 and 2015. Show your calculation path b. The following is an equation of consumption functions for a 2 sector economy. C= 90 + 0.75Y and Y = 360

2. Table 1 shows the current GDP Data and real GDP for the year 2013 to 2015. Current GDP RM175 bilion RM189 bilion RM201 bilion True/Right GDP deflator RM175 biljon RM183 bilion RM185 bilion Year Inflation rate 2013 100 2014 2015 a. Fill in the blanks for the deflection and infusion rate for 2014 and 2015. Show your calculation path b. The following is an equation of consumption functions for a 2 sector economy. C= 90 + 0.75Y and Y = 360

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 1.1P

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