Question

If in some year nominal GDP was $15 trillion and real GDP was $75 trillion, what was the GDP deflator?

a. 20. |
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b. 40. |
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c. 250. |
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d. 400. |

In the economy of Jordan in 2018, exports were $300, GDP was $2700, government purchases were $500, imports were $480, and consumption was $900. What was Jordan’s investment in 2018?

a. $1270 |
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b. $1230 |
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c. $1370 |
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d. $1480 |

Answer #1

Answer 1 option a 20

Answer 2 option d $1480

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