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- The value of the nominal GNP of economy was $ 6000 in a particular year. The value of the GNP of that country during the same year evaluated at the prices of some base year was $3000. Calculate the value of the GNP deflator of the year in percentage terms. Has the price level rising in between the base here and the year under consideration?Find Nominal GDP if GDP deflator is 136 and real GDP is $16,000If Nominal GNP is $21,000 and real GNP is $13000 Find the value of GNP deflator
- Find the value of GNP deflator if the nominal GDP is 2200 and the real GDP is 1100 need fast?The country’s GNP will contain the following except _______. a. Salaries of the expatriates living in the country b. Earnings of locally owned companies c. Rental income of houses owned by citizens d. Salaries of citizens of the countryIf nominal GNP through expenditure approach is $10000 and real GNP is $10000. Find the GNP deflator.
