Examlex

Solved

Table 12-19 -Refer to Table 12-19

question 116

Multiple Choice

Table 12-19
20122013 Nominal GDP $10,000$12,000 Real GDP 9,50010,500\begin{array} { | l | r | r | } \hline & \mathbf { 2 0 1 2 } & { \mathbf { 2 0 1 3 } } \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}
-Refer to Table 12-19.Given the information above,calculate the GDP deflator in 2012.


Definitions:

Metric Drawings

Engineering or technical drawings in which dimensions and measurements are indicated using the metric system, typically millimeters (mm) or meters (m).

Millimeters

A unit of length in the metric system equal to one thousandth of a meter, commonly used worldwide for many measurements.

Lettering

The practice of adding textual information, such as notes and dimensions, to engineering drawings in a standardized manner.

Pictorial Drawing

A type of drawing that represents three dimensions of an object in one view, providing a realistic view of an object, making it easier to understand its shape and features.

Related Questions