Suppose the nominal GDP of country X in 2013 was equal to 10000. The deflator index in 2014 was 107% (relative to the previous year). The volume index in 2014 was 103% (compared to the previous year). What is the nominal GDP of country X in 2014

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Q: Gross Domestic Product  If nominal GDP in 2005 was $13095.4 billion and the GDP deflator (price…

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Q: The nominal GDP for 2016 was $17,500 and the real GDP was $13,000   Calculate GDP deflator

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Q: Calculate GDP deflator if real GNP is $47,000 and the nominal GNP is $60,000

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