4. From the table below, compute the following: a. Compute the missing numbers of real GDP in 2017 and 2018, and the missing numbers for deflator in 2016 and 2020. b. Calculate the real GDP growth between 2016 to 2020. Nominal GDP (Billion SR800 Deflator Real GDP (Billion) SR800 Year 2016 2017 2018 2020 SR850 SR900 106.3 112.5 SR1000 SR870
4. From the table below, compute the following: a. Compute the missing numbers of real GDP in 2017 and 2018, and the missing numbers for deflator in 2016 and 2020. b. Calculate the real GDP growth between 2016 to 2020. Nominal GDP (Billion SR800 Deflator Real GDP (Billion) SR800 Year 2016 2017 2018 2020 SR850 SR900 106.3 112.5 SR1000 SR870
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section: Chapter Questions
Problem 6QR
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