d. Calculate the missing information in the table 17.1. Price of Nutmeg Price of Drapes ($ per Nutmeg) ($ per Drapes) Year Real GDP Nominal GDP GDP Deflator 2013 2700 70 10 8 2014 3600 100 12 9 2015 3600 4680 14 10

d. Calculate the missing information in the table 17.1. Price of Nutmeg Price of Drapes ($ per Nutmeg) ($ per Drapes) Year Real GDP Nominal GDP GDP Deflator 2013 2700 70 10 8 2014 3600 100 12 9 2015 3600 4680 14 10

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

100%

d. Calculate the missing information in the table 17.1.
Price of Nutmeg Price of Drapes
($ per Nutmeg) ($ per Drapes)
Year
Real GDP
Nominal GDP
GDP
Deflator
2013
2700
70
10
8
2014
3600
100
12
9
2015
3600
4680
14
10

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