# The following table shows data for nominal gdp and the gdp deflator (2010 = 100) in 2013

The following table shows data for nominal gdp and the gdp deflator (2010 = 100) in 2013 and 2014 for six major industrial countries. complete the table by calculating the 2013 and 2014 real gdp of each country measured in 2010 prices. then calculate the inflation rate between 2013 and 2014 for each country. i. nominal gdp(billions of local currency units) country 1. united states 2. canada 3. japan 4. italy 5. australia 6. united kingdom 2013 1. 16,663.20 2. 1,879.5 3. 482,430.0 4. 1,609.5 5. 1,554.8 6. 1,713.1 2014 1. 17,348.1 2. 1,976.2 3. 489,623.0 4. 1,616.3 5. 1,599.8 6. 1,791.5 ii. country gdp deflator (2010 = 100) country 1. united states 2. canada 3. japan 4. italy 5. australia 6. united kingdom 2013 1. 105.6 2. 108.1 3. 97.2 4. 103.9 5. 105.5 6. 104.3 2014 1. 107.4 2. 110.9 3. 98.8 4. 105.0 5. 105.8 6. 106.0 real gdp real gdp (in 2010 currency units) 2013 2014 inflation rate which country had the highest growth rate of real gdp? japan canada italy australia grade it now save & continue continue without saving

## This Post Has 5 Comments

1. datboyjulio21 says:

6/10 = 3/5

Simply divide the numerator and denominator of 6/10 by 2. 6/10 is the same as 3/5.

2. Expert says:

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself

3. irishdreamer0689 says:

It would be 3/5 because you'd divide the numerator and denominator by the common number, 2. 6/2=3 10/2=5

4. Expert says:

answer; (a) calling people who have not shown interest in the product and asking them to buy it;

5. rachelsweeney10 says:

1. United States : 2013 real GDP 15,779.54, 2014 : 16,152.7

2. Canada : 2013 real GDP 1,738.66, 2014 : 1,781.96

3. Japan : 2013 real GDP 464,321.4, 2014 : 495,576.9

4. Italy: 2013 real GDP 1,549.08, 2014 : 1,539.33

5. Australia : 2013 real GDP : 1,473.74, 2014: 1,512.09

6. United Kingdom : 2013 real GDP : 1,642.37, 2014: 1,690.09

Inflation rate:

1. United States: 1.7%

2. Canada: 2.6%

3. Japan: 1.6%

4. italy: 1.0%

5. Australia: 0.28 %

6. United Kingdom: 1.62 %