This preview shows page 1. Sign up to view the full content.
Unformatted text preview: a. Find nominal GDP in the current year and in the base year. What is the percentage increase since the base year? b. Find real GDP in the current year and in the base year. What is the percentage increase since the base year? c. Find GDP deflator for the current year and the base year. By what percentage does the price level change from the current year to the base year? d. Calculate CPI....
View
Full
Document
This document was uploaded on 10/28/2011 for the course ECON 420 at UNC.
 Fall '08
 Hill

Click to edit the document details