What is the GDP deflator for 2021? Hint: round to two decimal places Example: if the answer is 156.8865492, enter 156.89 as your answer Hint: GDP deflator is unitless and not a percentage, so you should only enter a number as your answer

What is the GDP deflator for 2023? Hint: round to two decimal places Example: if the answer is 156.8865492, enter 156.89 as your answer Hint: GDP deflator is unitless and not a percentage, so you should only enter a number as your answer

If per capita GDP grows at 2% a year, approximately how many years will it take for per capita GDP to double? Hint: enter your answer without years Example: if the answer is 12 years, enter 12

What is nominal GDP for 2023? Hint: enter your answer with no $ sign Example: if the answer is $800,000, enter 800,000

All of the following are true about the “Great Leap Forward” and its time period in China EXCEPT

Assume that Ford Motor Company builds a new factory in Fredonia, KS.  This would represent an increase in 

What is the inflation rate for 2022? (growth rate of the GDP deflator from 2021 – 2022) Hint: enter your answer without a % sign and round to two decimal places Example: if the answer is 8.94486654%, enter 8.94

Use the following information about GDP deflators for the next 2 questions. 2021: 115 2022: 123 2023: 134

What is the growth rate of nominal GDP for 2022? (growth rate from 2021 – 2022) Hint: enter your answer with out a % sign and round to two decimal places Example: if the answer is 8.94486654%, enter 8.94

Use the following information about GDP an economy for the next 9 questions. 2021: nominal GDP = $45,000; real GDP = $47,000 2022: nominal GDP = $48,000; real GDP = $48,000 2023: nominal GDP = $50,000; real GDP = $51,000