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1.6 Price Indices & GDP Deflator Parts B, C, D

Authored by Wesley Sweat

Social Studies

12th Grade

Used 2+ times

1.6 Price Indices & GDP Deflator Parts B, C, D
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART B:


In 2015 Great Britain's nominal GDP equaled @20,000,000 compared to $22,000,000 in 2016. What was the 2016 GDP Deflator and inflation rate?

100; 15

110;10

115;15

100; 0

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART B:


In 2015 Italy's nominal GDP equaled @15,000,000 compared to $18,000,000 in 2016. What was the 2016 GDP Deflator and inflation rate?

120; 20

110;10

115;15

100; 0

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART C:


Which country had a real GDP of $25,000,000 in 2017

Russia

Kenya

Greece

Canada

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART C:


Which country had a real GDP of $32,000,000 in 2017

Russia

Kenya

Greece

Canada

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART C:


Which country had a real GDP of $50,000,000 in 2017

Russia

Kenya

Greece

Canada

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART C:


Which country had a real GDP of $200,000,000 in 2017

Russia

Kenya

Greece

Canada

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

USE YOUR ANSWERS FROM PART D:


Which country had a % change in real wages or profit of 10% in 2017

America

German

Brazil

France

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