The GDP is \$54,780,000. The inflation rate is 5.6 percent. Find the real GDP.
The GDP is \$54,780,000. The inflation rate is 5.6 percent. \$57,847,680.00 is the real GDP. \$54,780,000 * 5.6/100 = \$3,067,680 \$54,780,000 + \$3,067,680 = \$57,847,680.00
Question
Updated 4/25/2016 12:52:01 AM
Edited by jeifunk [4/25/2016 12:52:01 AM]
Rating
3
The GDP is \$54,780,000. The inflation rate is 5.6 percent. \$57,847,680.00 is the real GDP.

\$54,780,000 * 5.6/100 = \$3,067,680
\$54,780,000 + \$3,067,680 = \$57,847,680.00

Questions asked by the same visitor
The GDP is \$89,570,000. The inflation rate is 12.6 percent. Find the real GDP
Question
Updated 4/25/2016 12:53:13 AM
The GDP is \$89,570,000. The inflation rate is 12.6 percent. The real GDP is \$100,855,820.

\$89,570,000 * 12.6/100 = \$11,285,820
\$89,570,000 + \$11,285,820 = \$100,855,820
29,508,606
*
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