Real gdp versus money gdp (实际GDP和名义GDP) Money GDP/Nominal gDP( XGDP) values the production of goods and services at current prices(以现价) Real GDP(PTGDP)values the production of goods and services at constant prices(以不变价格)
Real GDP versus Money GDP (实际GDP和名义GDP) Money GDP/Nominal GDP(名义GDP) values the production of goods and services at current prices(以现价). Real GDP(实际GDP) values the production of goods and services at constant prices(以不变价格)
GDP Deflator The gdp deflator measures the current level of prices relative to the level of prices in the base year It tells us the rise in nominal gdp that is attributable to a rise in prices rather than a rise in the quantities produced
GDP Deflator The GDP deflator measures the current level of prices relative to the level of prices in the base year. It tells us the rise in nominal GDP that is attributable to a rise in prices rather than a rise in the quantities produced
GDP Deflator(GDP折算指数) The gdp deflator is calculated as follows Nominal gDP GDP deflator s ×100 Real GDP
GDP Deflator (GDP折算指数) The GDP deflator is calculated as follows:
If 1998 is the base year for the GDP deflator A) Nominal gDP is equal to real GDP ir 1998 B)Nominal gDP is greater to real GDP in 1998 C)Nominal gDP is less to real GDP in 1998 D) None of the above
If 1998 is the base year for the GDP deflator A) Nominal GDP is equal to real GDP in 1998 B) Nominal GDP is greater to real GDP in 1998 C) Nominal GDP is less to real GDP in 1998 D) None of the above
If GDP decreased from 1995 to 1996. then A)Only prices decreased from 1995 to 1996 B)output decreased from 1995 to 1996 C)It cannot be determined whether output or prices or both decreased from 1995 to 1996 D)output and prices both must have decreased from 1995 to 1996
If GDP decreased from 1995 to 1996,then A) Only prices decreased from 1995 to 1996 B) output decreased from 1995 to 1996 C) It cannot be determined whether output or prices or both decreased from 1995 to 1996 D) output and prices both must have decreased from 1995 to 1996
Consider the following data Year Price of Output price of Output milk of milk honey of honey 2001 100 224 50 2002 200 100 2003 2 300 100 f 2001 is the base year, calculate nominal GDP, real GDP and gDP deflator of each year What is the growth rate of real gdP between 2002 and2003? What is the growth rate of GDP deflator between 2002and2003?
Consider the following data Year Price of milk Output of milk price of honey Output of honey 2001 1 100 2 50 2002 1 200 2 100 2003 2 300 4 100 If 2001 is the base year, calculate nominal GDP, real GDP and GDP deflator of each year. What is the growth rate of real GDP between 2002 and 2003? What is the growth rate of GDP deflator between 2002 and 2003?
Disposable Personal Income (个人可支配收入DP| Disposable personal income/(DPD equals personal income minus personal taxes and certain nontax payments. DPEPI-T+ tr
Disposable Personal Income (个人可支配收入DPI) Disposable personal income /(DPI) equals personal income minus personal taxes and certain nontax payments. DPI=PI - T + tr
Inflation(通货膨胀)
Inflation(通货膨胀)
Inflation(通货膨胀 Inflation is a rising general level of prices 通货膨胀是经济中大多数物品和 劳物的物价水平普遍的上涨
Inflation(通货膨胀) Inflation is a rising general level of prices. 通货膨胀是经济中大多数物品和 劳物的物价水平普遍的上涨
Measuring inflation 其通货膨胀率:从一个时期到另 个时期价格水平变动的百分比 Pp 元
通货膨胀率：从一个时期到另一 个时期价格水平变动的百分比。 Measuring inflation