Scribd
Upload
29 views1 page

1 Year Quantity (Output) Price GDP

The document shows GDP calculations for two years, 2009 and 2010. In 2009, output was 300,000 units at a price of $18,750 per unit, resulting in GDP of $5.625 billion. In 2010, output remained the same but the price rose to $20,062.50 per unit, resulting in 7% nominal GDP growth but no real GDP growth. Adjusting the 2010 output to 309,000 units results in 10.21% nominal GDP growth and 3% real GDP growth, with a GDP deflator of 107.

Uploaded by

Siddharth Birje
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
29 views1 page

1 Year Quantity (Output) Price GDP

The document shows GDP calculations for two years, 2009 and 2010. In 2009, output was 300,000 units at a price of $18,750 per unit, resulting in GDP of $5.625 billion. In 2010, output remained the same but the price rose to $20,062.50 per unit, resulting in 7% nominal GDP growth but no real GDP growth. Adjusting the 2010 output to 309,000 units results in 10.21% nominal GDP growth and 3% real GDP growth, with a GDP deflator of 107.

Uploaded by

Siddharth Birje
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 1

1 Year Quantity(Output) Price GDP

2009 300000 18750 5625000000


2010 300000 20062.5 6018750000

Nominal Growth 7.00%


Real Growth 0

Year Quantity(Output) Price GDP


2009 300000 18750 5625000000
2010 309000 20062.5 6199312500

Nominal Growth 10.21%


Real Growth 3.00%

Real GDP (Output in the current year* Price in the base year)

Nominal GDP (Outout in the current year*Price in the current year)

GDP Deflator (Nominal FDP/Real GDP)*100

GDP Deflator 107

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy