Try another version of these questions

The tables below shows data on prices and quantities of Pineapples and Bags produced in China.

Data for 2014

Price of PineapplesQuantity of PineapplesPrice of BagsQuantity of Bags
118020250

Data for 2015

Price of PineapplesQuantity of PineapplesPrice of BagsQuantity of Bags
0.714019310

Data for 2016

Price of PineapplesQuantity of PineapplesPrice of BagsQuantity of Bags
1.430016310

Given this data, what is the Nominal GDP in 2014?

  Hint

Given this data, what is the Nominal GDP in 2015?

  Hint

Given this data, what is Nominal GDP in 2016?

  Hint

Using 2014 as the base year, what is the Real GDP in 2014?

  Hint

Using 2014 as the base year, what is the Real GDP in 2016?

  Hint

Using 2014 as the base year, what is the GDP Deflator in 2014?

  Hint

Using 2014 as the base year, what is GDP Deflator in 2015?

  Hint

Using 2014 as the base year, what is the GDP Deflator in 2016?

  Hint

Using 2014 as the base year, what is the growth rate of the nominal GDP between 2014 to 2015?

  Hint

Using 2014 as the base year, what is the growth rate of nominal GDP between 2015 to 2016?

  Hint

Using 2014 as the base year, what is the growth rate of real GDP between 2014 to 2015?

  Hint

Using 2014 as the base year, what is the growth rate of real GDP between 2015 to 2016?

  Hint

Using 2014 as the base year, what is the growth rate of the GDP deflator (also know as inflation rate) between 2014 to 2015?

  Hint

Using 2014 as the base year, what is the growth rate of the GDP deflator (also know as inflation rate) between 2015 to 2016?

  Hint