macro hw 1.jpg - hw 1 Caroline Silvestro 1 zoll real GDP = $15 066 bil-economic growth 2012 real GDP = $ 15 386 bil 2.12 2011 2012 1 7 D 2007 real GDP=

macro hw 1.jpg - hw 1 Caroline Silvestro 1 zoll real GDP =...

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Unformatted text preview: hw# 1 Caroline Silvestro 1) zoll real GDP = $15, 066 bil -economic growth 2012 real GDP = $ 15, 386 bil 2.12 2011 - 2012 1 7 D) 2007 real GDP= $14, 925 bil , economic growth 2008 real GDP = $14, 867 bil 2007- 2008 139 %% 2 ) false .. no matter the change in market & the production of goods hasn't decreased. also, nominal GDP factors in current prices so the countries to could be falling .... which decreases nominal GDP. 3) consumption = $12, 380 bil investment : $ 1, 935 bil gov purchases : $ 3 500 bil net exports = $- 300 bil total GOP : $$ 17, 515 bil 4 ) 2011 - nominal GDP : $29 , 200 " real GDP : $ 29, 200 GDP deflator : 100 ZOIS -nemmal GDP : $ 31,070 real GDP : $ 32 400 LDP deflator : 96 2016 - nommal GOP: $ 31, 020 real GDP : $ 34,600 GDP deflator : 90...
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