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DATA1 . Calculate existent gross interior(prenominal) product for devil hundred4 and 2005 using 2004 charges . By what percent did genuinely gross domestic product growReal gross domestic product (2004 quantum chromodynamics P2004 QTR P2004 110 (18 200 (90 1980 18000 19980Real gross domestic product (2005 QCD P2004 QTR P2004 120 (18 210 (90 2160 18900 21060Percent Change gross domestic product [ (RGDP2005 - RGDP2004 /RGDP2004] X shock (21060 - 19980 /19980 X vitamin C [1080 /19980] X 100 0 .054 X 100 5 .4 percent2 . Calculate the value of the price magnate number for GDP for 2005 using 2004 as the base form . By what percent did prices increasePrice index of GDP (Nominalcurrent /RealbasePrice index of GDP (2004 (19980 /19980 1Price index of GDP (2005 (22350 /19980 1 .1186Percent change of Price index of GDP [ (PI2005 - P I2004 /PI2004] X 100 [ (1 .1186 - 1 /1] X 100 0 .1186 X 100 11 .86 percent3 . Now conduct real GDP for 2004 and 2005 using 2005 prices .

By what percent did real GDP growReal GDP (2004 QCD P2005 QTR P2005 110 (20 200 (95 2200 19000 21200Real GDP (2005 QCD P2005 QTR P2005 120 (20 210 (95 2400 19950 22350Percent Change of Real GDP [ (RGDP2005 - RGDP2004 /RGDP2004] X 100 [ (22350 - 21200 /21200] X 100 (1150 /21200 ) X 100 0 .0542 X 100 5 .42 percent4 . Review the GDP selective instruction for the past few years from the Bureau of Economic ejection seat s Website . Provide a brief summary of the GDP trends everyplace that timeframe...If y ou want to get a full essay, order it on our! website: BestEssayCheap.com

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