Question

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求解這題

EE

v7,、 Consi
Consider the following data on U.S. GDP:

 

Nominal GDP            GDP
Y              宮半                                Deflator
0     (in billions of dollars) (base year 2009)
0O14           17,419               108,.3
1994                      7,309                            73.8
a. What was the growth rate of nominal GDP

between 1994 and 2014? (Hinf: The growth Tate of
avariable X over an N-year period is calculated as
100 X [CXmnal/ Xua0 八 一11

What was the growth rate of the GDP deflator

between 1994 and 2014?
What was real GDP in 1994 measured in 2009

prices?
What was real GDP in 2014 measured im 2009

記于ces7

What was the growth rate of real GDTP between

1994 and 2014?
Was the growth rate 0t nominal GDPhigher 0r

lower than the growth rate 9f real GDP? Explaim.

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