Year Nominal GDP Real GDP GDP deflator 2012 $180,000 %24 100.0 2013 24 $215,000 110.0 2014 $260,000 $220,000 2015 $290,000 %24 128.0 2016 $240,000 130.0
Year Nominal GDP Real GDP GDP deflator 2012 $180,000 %24 100.0 2013 24 $215,000 110.0 2014 $260,000 $220,000 2015 $290,000 %24 128.0 2016 $240,000 130.0
Chapter6: How Statisticians Measure Inflation
Section6.A: How Statisticians Measure Inflation
Problem 3TY
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Question
![Fill in the missing data in the following table. Give answers to two decimals.
Year
Nominal GDP
Real GDP
GDP deflator
2012
$180,000
2$
100.0
2013
$215,000
110.0
2014
$260,000
$220,000
2015
$290,000
2$
128.0
2016
%24
$240,000
130.0](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4811ca48-3353-43f2-8d73-93f2140a6978%2F49d4574a-8151-4c80-9094-0ab63dbc01f0%2F3mr1zd_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Fill in the missing data in the following table. Give answers to two decimals.
Year
Nominal GDP
Real GDP
GDP deflator
2012
$180,000
2$
100.0
2013
$215,000
110.0
2014
$260,000
$220,000
2015
$290,000
2$
128.0
2016
%24
$240,000
130.0
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