Question about gdp, The question used this table that

Question about gdp

Assignment Help Macroeconomics

Reference no: EM1370339

The question used this table that shows the value of GDP in the nation of Purintania. The figures shown are in millions of 1980 dollars and current dollars. I am not sure how to fill in the blanks.

Year GDP (Millions) GDP (millions of current dollars) Current Price Level
----------------------
1980 Price Level
1980 1,000 ________________ 1.00
1984 _______ 1,440 1.20
1988 1,300 ________________ 1.40
1992 1,500 ________________ 1.60
1996 _______ 2,720 1.70
2000 1,700 _________________ 1.80

Reference no: EM1370339

Questions Cloud

Analyze use of databases in business environment : Create the 2-3 page memorandum analyzing use of databases in the business environment. Include what database applications must be used: Microsoft Access, IBM DB2, Oracle, etc.

Explain what are the total relevant costs of accepting : Explain What are the total relevant costs of accepting the special order and From a quantitative basis, should they accept the special order and By what amount will the rink's net income increase or decrease if they accept the special order?

Basic assumption about the velocity of money transforms : Determine the basic assumption about the velocity of money transforms the equation of exchange into the quantity theory of money?

Assign resources to processes for k processes will be active : Given a set of process and resources, set of requested resources for each process, and number k, is it possible to assign resources to processes so that at least k processes will be active?

Question about gdp : The question used this table that demonstrate the value of GDP in the nation of Purintania. The figures demonstrate are in millions of 1980 dollars and current dollars.

Explain what is your leadership perspective towards : Explain what is your leadership perspective towards this trend as a means to achieve a sustainable competitive advantage?

Cost-output relationships : For each of following cost-output relationships, explain the shape (U-shape, decreasing, increasing, constant) of the average total cost and marginal cost functions

What are the various manufacturing processes : What are the various manufacturing processes and which manufacturing process is most appropriate for a real estate organization and why?

Calculate unconstrained profit maximizing level of price : Specific Motors Company is one of the Big Three auto manufacturers in Transylvania. Specific's share of the domestic auto market is 55%. The next two closest competitors control 25 and 15% of market, respectively.

User Account

All Pages