Nominal GDP is $12 trillion and real GDP is $15 trillion. What is the GDP deflator? Show your work
The GDP Deflator = 100 x Nominal GDP/Real GDP = 100 x $12 trillion/$15 trillion = 80.
Economics
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Which of the following countries has not experienced hyperinflation in the twentieth century?
a. Germany b. Russia c. Argentina d. United States
Economics
Use the figure below to answer the next question. 
Growth of production capacity is shown by the
A. shift from CD to AB. B. movement away from point B and toward point A. C. movement away from point A and toward point B. D. shift from AB to CD.
Economics