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GDP Tutorial Questions

The document outlines tutorial questions related to GDP calculations. It includes tasks to calculate nominal GDP, real GDP using a base year, and the GDP deflator for three specified years. The focus is on understanding and applying economic concepts related to GDP measurement.

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IKA ALIEYA BINTI NORHISHAM
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4 views

GDP Tutorial Questions

The document outlines tutorial questions related to GDP calculations. It includes tasks to calculate nominal GDP, real GDP using a base year, and the GDP deflator for three specified years. The focus is on understanding and applying economic concepts related to GDP measurement.

Uploaded by

IKA ALIEYA BINTI NORHISHAM
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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GDP Tutorial Questions

Price of Quantity of
Lamb Lamb

a. Calculate nominal GDP in each of the three years.

b. Calculate Real GDP in each of the three years, using 2006 as the base year.

c. Calculate the GDP deflator for each of the three years.

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