Answered: 3. Fill in the blanks in the following…

3. Fill in the blanks in the following table of GDP statistics: 2014 2015 2016 Nominal GDP 17,522 18,707 16,900 HTV Real GDP 17,387 105.9 GDP deflator 104.8

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

3. Fill in the blanks in the following table of GDP statistics:
2014
2015
2016
Nominal GDP
17,522
18,707
16,900
HTV
Real GDP
17,387
105.9
GDP deflator
104.8

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