Below is some hypothetical data for the economy of Claymor: 2010 2011 2012 522 550 125 127 129 29 29.5 29.6 Nominal GDP

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Below Is Some Hypothetical Data For The Economy Of Claymor 2010 2011 2012 522 550 125 127 129 29 29 5 29 6 Nominal Gdp 1 (40.47 KiB) Viewed 19 times

Below Is Some Hypothetical Data For The Economy Of Claymor 2010 2011 2012 522 550 125 127 129 29 29 5 29 6 Nominal Gdp 2 (34.69 KiB) Viewed 19 times

Below Is Some Hypothetical Data For The Economy Of Claymor 2010 2011 2012 522 550 125 127 129 29 29 5 29 6 Nominal Gdp 3 (39.85 KiB) Viewed 19 times

Below Is Some Hypothetical Data For The Economy Of Claymor 2010 2011 2012 522 550 125 127 129 29 29 5 29 6 Nominal Gdp 4 (44.44 KiB) Viewed 19 times

Below Is Some Hypothetical Data For The Economy Of Claymor 2010 2011 2012 522 550 125 127 129 29 29 5 29 6 Nominal Gdp 5 (34.97 KiB) Viewed 19 times

Below is some hypothetical data for the economy of Claymor: 2010 2011 2012 522 550 125 127 129 29 29.5 29.6 Nominal GDP ($ billions) 500 GDP Deflator Population (in millions) 1001

What is the growth rate of real GDP per capita between 2010 and 2011? a) +1.0% b) +1.7% c) +4.4% d) +2.8% e) -1.0%

Use the following to answer questions 12 and 13. Year 1 is the base year. Year 1 Quantity Price Quantity Price Machines 20 $100 22 $105 100 $5 110 $6 10 $500 11 $540 Rice Tractors Question 12 (1 point) Year 2

Refer to the information above. What is the value of real GDP in Year 2? a) $7,500 b) $605 c) $8.910 d) $8.250 e) $651

Refer to the information above. What is the value of the GDP deflator in Year 2? a) 93 b) 108 c) 100 d) 605 e) 651