答：每宗交易都由卖方和买方，所以经济中支出必然等于收入。2. Which contributes more to GDP—the production of an economy car or the production of a luxury car? Why?答：豪华汽车市场价值高，所以对GDP贡献大。（一对一比较）3. A farmer sells wheat to a baker for $2. The baker uses the ...
Value added of bank at constant price is calculated using price index deflation method, and the deflator is calculated by deposit and loan interest rates and inter-bank interest rates. Value added of securities at constant price is calculated by the growth rate of stock transaction using quantity...
China's GDP deflator is not a precise indicator of domestic output prices. When import prices rise, it exaggerates inflation, and vice versa underestimates inflation. Data released by the National Bureau of Statistics today show that China's economy rose 6.9% in the three quarter, the lowest g...
However, the GDP Deflator also has limitations. It can be influenced by factors other than changes in prices, such as changes in the composition of goods and services produced. Additionally, it may not accurately reflect price changes for specific consumer goods and services, as it includes a w...
___ Times In Germany, GDP per capita is growing by 1.0% per year for 13 years, by how ma How is real GDP determined when you have a GDP deflator? If year 1 for GDP per capita is 23,810 and year 2 is 23,844, how do you find the growth rate o...
The GDP deflator and the consumer price index are both measures of the change of prices --- i.e. inflation. Both the GDP deflator and the consumer price index have been shown to generate very similar rates of inflation when compared side-by-side. However
If our estimate is correct, China's official GDP growth in 2015 overestimated the actual figure by 2.5 percentage points; that is, the real GDP growth rate may have been 4.4% rather than the official 6.9%. If we think of the implicit GDP deflator as a measure of inflation for the broad...
To convert Nominal GDP to Real GDP, you divide Nominal GDP by the GDP deflator and multiply by 100. 6. Can Nominal GDP and Real GDP be the same? Yes, they can be the same in a year where there is no inflation, as there would be no need for adjustments. ...
Real GDP is calculated by using a price deflator. A price deflator is the difference between prices in the current year that GDP is being measured and some other fixed base year. For example, if prices rose by 8% from the base year, the price deflator would be 1.08. The nominal GDP wo...
Focuses on the increase of real gross domestic product on its annual rate in the fourth quarter released by the U.S. Commerce Department. Initiation of the growth rate in the final third quarter; Acceleration of both the implicit price deflator and the chain-type index....