Solved: The nominal gdp in 2000 was 672 billion and 1690 billion, Macroeconomics

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The nominal gdp in 2000 was 672 billion and 1690 billion

An analyst needs to adjust the nominal GDP for the years 2000 and 2010 into real terms to conclude his comparison analysis. The nominal GDP in 2000 was $672 billion and $1,690 billion for 2010; the real interest rate was 6.79% in 2000 and 3.71% in 2010; the 2000 deflator was 24 and 51 in 2010. What is the real gain?

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Macroeconomics: The nominal gdp in 2000 was 672 billion and 1690 billion

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Macroeconomics: The nominal gdp in 2000 was 672 billion and 1690 billion

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