I have a table to complete I followed the formula
Question
I have a table to complete I followed the formula but when I check it it doesn’t check out to me. It is
NGDP=125000 and RGDP is 120000. I used formula NGDP divided by RGDP times 100 which equals 104 but when I check it by taking 125000 and dividing it by 104 and then multiply by 100 I don’t get 120000, I get 120192.308 is this correct?