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

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

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

USE YOUR ANSWERS FROM PART C:

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

• Russia

• Kenya

• Greece

• Canada

USE YOUR ANSWERS FROM PART C:

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

• Russia

• Kenya

• Greece

• Canada

USE YOUR ANSWERS FROM PART C:

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

• Russia

• Kenya

• Greece

• Canada

USE YOUR ANSWERS FROM PART C:

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

• Russia

• Kenya

• Greece

• Canada

USE YOUR ANSWERS FROM PART D:

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

• America

• German

• Brazil

• France

USE YOUR ANSWERS FROM PART D:

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

• America

• German

• Brazil

• France

USE YOUR ANSWERS FROM PART D:

Which country had a % change in real wages or profit of 0% in 2017

• America

• German

• Brazil

• France

USE YOUR ANSWERS FROM PART D:

Which country had a % change in real wages or profit of 5% in 2017

• America

• German

• Brazil

• France