Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 04 Jun 2017 My Price 11.00

Real GDP, Price Indices, and Inflation

Calculating Real GDP, Price Indices, and Inflation. Using data from the following table, answer the following questions:

a. Calculate real GDP using prices from 2011. By what percent did real GDP grow?

b. Calculate the value of the price index for GDP for 2012 using 2011 as the base year. By what percent did prices increase?

How many recessions occurred in the economy over the time indicated?

Answers

Maurice Tutor
(5)
Status NEW Posted 04 Jun 2017 04:06 PM My Price 11.00

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