ss Activity i Item Hot dogs DVDS Farm tractors Parking meters Totals The data in the table below show the total output (a mixture of consumer, capital, and government services) and prices of each product for the distant country of Vindaloo. All figures are in billions of dollars and the base year is 2018. 3. Complete the table below. Enter your responses rounded to one decimal place when needed 2 Qty 49 12 2 3 .com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com 3 2018 Prices Year 2018 $2.00 8.00 90.00 50.00 b. The value of nominal GDP in 2019 is $ when needed. . The value of real GDP in 2019 is $ needed. Nominal GDP $98 96 180 150 524 5 Qty 54 14 3 3 d. The annual growth rate of nominal GDP in 2019 is decimal place when needed. and in 2020 is $ Prices Year 2019 $2.30 9.00 85.00 60.00 Search 6 Saved < Prev C Nominal GDP $ 2019 and in 2020 is $ Enter your responses rounded to one decimal place when 8 of 8 8 Enter your responses rounded to one decimal place % and in 2020 is%. Enter your responses founded to one e. The annual growth rate of real GDP in 2019 is % and in 2020 is %. Enter your responses rounded to one decimal place when needed. haw AN H Prices Year 2018 $2.00 S 8,00 90.00 50.00 Next BY Real GDP 201 10 Qty 57 16 3 4 11 Prices Year 2020 $2.40 9.50 100.00 70.00 Help 12 Save & Exit Sc Check my we 2020 Nominal GDP S Pric Year 2 11:12 AM
ss Activity i Item Hot dogs DVDS Farm tractors Parking meters Totals The data in the table below show the total output (a mixture of consumer, capital, and government services) and prices of each product for the distant country of Vindaloo. All figures are in billions of dollars and the base year is 2018. 3. Complete the table below. Enter your responses rounded to one decimal place when needed 2 Qty 49 12 2 3 .com/ext/map/index.html?_con=con&external browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com 3 2018 Prices Year 2018 $2.00 8.00 90.00 50.00 b. The value of nominal GDP in 2019 is $ when needed. . The value of real GDP in 2019 is $ needed. Nominal GDP $98 96 180 150 524 5 Qty 54 14 3 3 d. The annual growth rate of nominal GDP in 2019 is decimal place when needed. and in 2020 is $ Prices Year 2019 $2.30 9.00 85.00 60.00 Search 6 Saved < Prev C Nominal GDP $ 2019 and in 2020 is $ Enter your responses rounded to one decimal place when 8 of 8 8 Enter your responses rounded to one decimal place % and in 2020 is%. Enter your responses founded to one e. The annual growth rate of real GDP in 2019 is % and in 2020 is %. Enter your responses rounded to one decimal place when needed. haw AN H Prices Year 2018 $2.00 S 8,00 90.00 50.00 Next BY Real GDP 201 10 Qty 57 16 3 4 11 Prices Year 2020 $2.40 9.50 100.00 70.00 Help 12 Save & Exit Sc Check my we 2020 Nominal GDP S Pric Year 2 11:12 AM
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter19: The Macroeconomic Perspective
Section: Chapter Questions
Problem 25CTQ: Cross country comparisons of GDP per capita typically use purchasing power parity equivalent...
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Question
8
Transcribed Image Text:ass Activity i
Item
The data in the table below show the total output (a mixture of consumer, capital, and government services) and prices of each product
for the distant country of Vindaloo. All figures are in billions of dollars and the base year is 2018.
a. Complete the table below. Enter your responses rounded to one decimal place when needed.
Hot dogs
DVD's
Farm tractors
Parking meters
Totals
Qty
49
12
2
ucation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com *
3
3
2018
Prices
Year 2018
$2.00
8.00
90.00
50.00
b. The value of nominal GDP in 2019 is $
when needed.
3. The value of real GDP in 2019 is $
needed.
4
Nominal GDP
$98
96
180
150
524
Qty
54
14
3
3
and in 2020 is $
and in 2020 is $
Prices
Year 2019
$2.30
9.00
85.00
60.00
6
O Search
e. The annual growth rate of real GDP in 2019 is % and in 2020 is
decimal place when needed.
Saved
< Prev
Nominal GDP
$
2019
8 of 8
8
d. The annual growth rate of nominal GDP in 2019 is % and in 2020 is%. Enter your responses rounded to one
decimal place when needed.
ww
www
www
Prices
Year 2018
Enter your responses rounded to one decimal place
SAMSUNG
$2.00 $
8.00
90.00
50.00
Next
9
Enter your responses rounded to one decimal place when
Real GDP
7%. Enter your responses rounded to one
2001
10
Qty
57
16
3
4
11
Prices
Year 2020
$2.40
9.50
100.00
70.00
Help
12
Save & Exit Subm
Check my work
2020
Nominal GDP
$
n
13
Price
Year 21
$
11:12 AM
Transcribed Image Text:GDP
10
Qty
57
16
decimal place
ed to one
mal place when
unded to one
4
11
Prices
Year 2020
$2.40
9.50
100.00
78.00
2020
Nominal GDP
$
13
Prices
Year 2018
$2.00
8.00
90.00
50.00
$
14
Real GDP
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