Federal Reserve Database
Question Let’s consider some data on nominal GDP and GDP price deflator from the Federal Reserve Database: />Nominal GDP (billions of dollars) GDP price deflatorJanuary 1, 2018 $20041.047 109.371Using the data in the table above, real GDP is equal to $__________.18323.91None of these are correct15680.94183.242191909.35 Flag this QuestionQuestion 183 ptsDuring the 1973-1975 recession, GDP growth was about […]