In 2011 a Country Had a Real GDP of $13

question 30

Short Answer

In 2011 a country had a real GDP of $13.89 trillion and GDP deflator of 110. In 2012 it had a nominal GDP of $17.8 trillion and real GDP of 14.24 trillion. What is the rate of inflation in 2012?

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Definitions:

Cervical Vertebrae

The vertebrae of the neck region, forming the upper part of the spinal column and providing support and mobility to the head.

Ultimate Explanation

Refers to the deepest level of understanding for the reasons behind phenomena, often seeking to explain why things are the way they are in a broad, fundamental way.

Migration

The seasonal or periodic movement of animals from one region or habitat to another, often in search of food, breeding sites, or more favorable climates.

Circadian Rhythm

An internal process that regulates the sleep-wake cycle and repeats roughly every 24 hours.