nominal GDP, real GDP, and potential real GDP from FRED* for the third quarter third quarter of 2018
The following table contains data for nominal GDP, real GDP, and potential real GDP from FRED* for the third quarter third ;quarter of 2018
A variable identified as nominal is measured in current dollars.
Using the data ;above, calculate the ;following: (Enter your responses rounded to two decimal ;places.)
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The GDP deflator is _____
Relative to potential real ;GDP, real GDP is ______ percent above above potential real GDP. ;ATTACHMENT PREVIEW
