Compute the percentage change in nominal and real gdp from, Econometrics

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Compute the percentage change in nominal and real gdp from

Below you will find nominal GDP and the GDP deflator (based on 2000 5 100) for the years 1988, 1998, and 2008.

a. Compute real GDP for each year.

b. Compute the percentage change in nominal and real GDP from 1988 to 1998, and from 1998 to 2008. c. Compute the percentage change in the GDP deflator over these two periods.

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Econometrics: Compute the percentage change in nominal and real gdp from

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Econometrics: Compute the percentage change in nominal and real gdp from

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