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Table 19-19 -Refer to Table 19-19

question 78

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Table 19-19
20152016 Nominal GDP $10,000$12,000 Real GDP 9,50010,500\begin{array} { | l | r | r | } \hline & { \mathbf { 2 0 1 5 } } & { \mathbf { 2 0 1 6 } } \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}
-Refer to Table 19-19.Given the information above,calculate the GDP deflator in 2016.

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Definitions:

Decision and Action

The process of making choices and following through with behaviors to enact those choices.

Organic Designs

Organic designs in organizations involve flexible, adaptable structures with less rigid hierarchies and more emphasis on teamwork and collaboration to respond quickly to changes.

Informal Structures

Unofficial relationships and patterns of interaction in an organization that operate alongside the official structure.

Interpersonal Contacts

Relationships or interactions between individuals, involving communication and exchange of ideas, emotions, or information.

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