Business, 18.08.2020 17:01 leilei2003
Real versus nominal GDP (a FRED question): Using the FRED database, locate the data on real and nominal GDP for the U. S. economy. You may notice that there are both annual and quarterly data (i. e., measures of production every 3 months) available. For the purpose of this question, let's stick with the annual data. The easy way to find this is to type "annual nominal GDP" and "annual real GDP" into the FRED search box. (For an introduction to FRED, see the case study "The FRED Database" earlier in this chaper on page 34.)
(a) What is the value of real GDP and nominal GDP for the most recent year available? Explain why these numbers are different.
(b) What was the value of real GDP and nominal GDP in 1970?
(c) By what factor (e. g., a number like 2.0 if it doubled) did real GDP increase between 1970 and the most recent year? What about nominal GDP?
(d) What explains the difference between the two numbers in part (c)?
Answers: 1
Business, 22.06.2019 08:00
Why is it vital to maintain a designer worksheet? a. it separates the designs chosen for the season from those rejected by the company. b. it keeps a record of all designs created by the designer for a season. c. it charts out the development of an entire line through the season and beyond. d. it tracks the development of a design along with costing and production details. done
Answers: 1
Business, 22.06.2019 10:00
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. itβs an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
Business, 23.06.2019 09:50
If art has a 7/1 arm, how long will the fixed interest rate be applied to his loan?
Answers: 3
Business, 23.06.2019 13:30
What is baruch shemtov's product, and how did he begin creating it? (site 1)
Answers: 3
Real versus nominal GDP (a FRED question): Using the FRED database, locate the data on real and nomi...
History, 15.12.2020 19:30
Biology, 15.12.2020 19:30
History, 15.12.2020 19:30
Business, 15.12.2020 19:30
English, 15.12.2020 19:30
Mathematics, 15.12.2020 19:30
Physics, 15.12.2020 19:30
Mathematics, 15.12.2020 19:30
English, 15.12.2020 19:30
Advanced Placement (AP), 15.12.2020 19:30
Mathematics, 15.12.2020 19:30