Question

If in some year nominal GDP was $15 trillion and real GDP was $75 trillion, what...

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

a. 20.

b. 40.

c. 250.

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

b. $1230

c. $1370

d. $1480
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Answer #1

Answer 1 option a 20

Answer 2 option d $1480

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