The GDP deflator in year 2 is Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a 177.2 b 125.7 с 95.4 d 105.8
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- How do you convert a series of nominal economic data over time to real terms?Suppose the Consumer Price Index in 2016 is 127.1 with 2002 as the base year a) What is the purchasing power of the dollar compared to 2002 b) What is the real income relative to 2002 of person whose income was $72500An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. What is the real gain?
- Depreciation 200 Exports 150 public transfer 200 Gross domestic private investment 300 corporate income tax 100 factor receipts from abroad 400 gevenment expenditure on goods and services 250 interest income 800 compensation of employees 2600 net interest on government debit 50 indirect business taxes 100 factor payments to abroad 200 imports 200 proprietors incom(profits) 700 retained corporate profit 200 personal consumption expenditure 4500 personal taxes 100 social security contribution 50 rental income 600. From the above data find personale disposable income.What are the differences between national income, personal income, and disposable personal income? Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.Article Price 2003 Amount 2003 Price 2006 Amount 2006 nails (dozen) $2.49 6 $2.69 6 wire(kg) $3.29 4 $3.59 5 wire rod(kg) $1.59 2 $1.79 3 rings(pzas) $1.79 3 $2.29 4 The data are the prices in pesos of a group of products used in the housing construction industry and the quantities consumed in the years 2003 and 2006Based on the year 2003, determine:a) Simple indexes of prices, quantity and value of ringsb) Simple wire price, quantity and value indicesc) Laspeyres price indexd) Paasche price indexe) Fisher Price Indexf) Relative weighted average of prices thank you, I only need the d, e, f.
- The following is data on income (IDR 1,000) and the Consumer Price Index (CPI) with the base year 2014 Question: - Is there an increase or decrease in income in 2019 compared to 2015 - Is there an increase or decrease in real income in 2019 compared to 2015 - What do you conclude from each value you calculatedThe following is data on income (IDR 1,000) and the Consumer Price Index (CPI) with the base year 2014 Question: - Before working on the questions below, please change the base year to 2015 - Find the actual income each year with the 2015 base year - Determine the purchasing power of the currency for 2015 to 2019The table given below reports the price of soda over four consecutive years.Table 5.7 Price Data Year Base-Year Soda Price Current Soda Price 1 (base year) $0.30 $0.30 2 $0.30 $0.45 3 $0.30 $0.55 4 $0.30 $0.65 Refer to Table 5.7. Compute the price index for the base year.
- Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars. From the data he gathered, he knows the deflator for 1998 is 30 and for 2008, it is 74, and that real interest in those years was 6.23% and 3.21% respectively. If he avoids making a misleading calculation, what will the value be?C I G NX Yr1 1000 156 560 52 Yr2 1300 159 600 52 Yr3 2000 169 690 53 Yr4 2900 180 880 53 Using the table above state what nominal GDP will be for all four yearsTable 2016 (Base Year) 2017 2018 Product Quantity Price Price Price Milk 30 $2.0 2.2 2.5 Bread 50 3.0 3.5 4.0 Assume the consumption basket has two products—bread and milk—with prices and quantities shown in the above table. Refer to Table. Suppose your income increased by 10 percent from 2017 to 2018. After adjusting for inflation, your purchasing power effectively _______ by about _______ from 2017 to 2018. Group of answer choices increased; 24% increased; 10% decreased; 26.1% decreased; 4.1%