What is average annual growth rate of real gdp

Assignment Help Macroeconomics
Reference no: EM132631901

If the price index was 100 in 2010 ( based year) and 220 in 2018, and nominal GDP was 160$ billion in 2010 and real GDP in 2018 is 280$ billion, then what is average annual growth rate of real GDP?

Reference no: EM132631901

Questions Cloud

Prepare contribution format segmented income statements : Prepare contribution format segmented income statements for the Northern Territory broken down by product line. (Round the percentage answers)
Describe the important term metastructure : Choose an important informatics term, such as metastructure (e.g., data, information, knowledge, and wisdom), concept (e.g., design or structure), or tool.
Identify symptoms of organizational behavior problem : Identify the symptoms of the organizational behavior problem you have observed.
Perform a payback period analysis Excel file : Wolf's operations include television production, live theater production, and interactive media. Perform a payback period analysis Excel file
What is average annual growth rate of real gdp : If the price index was 100 in 2010 ( based year) and 220 in 2018, and nominal GDP was 160$ billion in 2010 and real GDP
Describe the medication you wish to explore : Describe the medication you wish to explore. Identify your purpose: Why are you interested in this particular medication? (1-2 paragraphs)
Direction the value of the multiplier : Explain why and in what direction the value of "the" multiplier will change if consumption and investment demand
What are the budgeted cash disbursements for June : The company has a policy of paying for 50% of the purchases in the month of purchase, what are the budgeted cash disbursements for June
Compute office products division roi for most recent year : Compute the Office Products Division's ROI for the most recent year; also compute the ROI as it would appear if the new product line is added.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What is a federal government budget deficit

What is a federal government budget deficit? What is the national debt? How does a budget deficit affect the economy?

  Circumstances in these two countries under autarky

Who gains from trade? Who loses from trade? State workers' stance towards free trade in each country, i.e., do they support or oppose free trade?

  Discuss this interest rate that you are trying to raise

Explain and discuss this interest rate that you're trying to raise. What are the feedback effects of this interest rate increase on the US economy?

  Determine breakeven point

Westside Bakery is planning opening a new branch in Abingdon, IL. Westside will initially sell only loaves of wheat bread. The fixed costs including building,

  Find the mean and standard deviation of the total profit

A team of 5 analyst is about to examine the earnings prospects of 20 corporations. Each of the 5 analysts will study 4 of the corporations.

  Estimating return on total assets

Use the following information from a company's pro forma financial statements to calculate the following profitability ratios for the firm, assuming that all stocks are common stocks:

  How can you take advantage of these rates to earn a riskless

How can you take advantage of these rates to earn a riskless profit? Assume that the Pure Expectation Theory for interest rates holds.

  Essential foundations of economics

When looking at the Fed, you will find that decisions within markets are critical to what they have to do. How do you think the Fed can create opportunities for markets to be more stable?

  A friend of yours is considering two cell phone service

a friend of yours is considering two cell phone service providers. provider a charges 120 per month for the service

  Macroeconomics differs from microeconomics

However, this simple distinction does not adequately describe how macroeconomics differs from microeconomics. For this assignment you need to identify and describe three differences between macroeconomics and microeconomics.

  Unemployment in the us

The topic of unemployment in the U.S. Use a minimum of three scholarly sources. You have the freedom to take any aspect of unemployment that you desire to research.

  Crucial role in the farm economy

These play a crucial role in the farm economy and the food processing sector. Thanks to modern agriculture, farmers have doubled the production of world food supplies since 1960, tripled the output of foods like cooking oils and meats, and increas..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd