Question:

Use the data in the following table to calculate the GDP

Last updated: 8/16/2023

Use the data in the following table to calculate the GDP

Use the data in the following table to calculate the GDP deflator for each year values are in billions of dollars enter your response rounded to two decimal places remember to multiply by 100 Source Federal Reserve Bank of St Louis FRED research stlouisfed org fred2 Year 2017 2018 2019 2020 2021 Source Federal Reserve Bank of St Louis FRED research stlouisfed org fred2 Nominal GDP 19 477 20 533 21 381 21 060 23 315 Real GDP 18 077 18 609 19 036 18 509 19 610 GDP Deflator