Saturday 24 May 2014

Macroeconomics

Macroeconomics



Use the following GDP deflator data to compute real GDP in 2000 at 2010 prices. Nominal GDP in the year 2000 was $9,817 billion.
year 2000 gdp deflator was 88.6
year 2010 gdp deflator was 110.6
answer to the nearest billion 
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