GDP, GNP, GNP Deflator, Money Inflation based Questions

Based of the following information answer the question

Year                             National GNP                          GNP Deflator

2015                                 2500                                                120
2016                                 3200                                                145




  • If the GNP deflator in 2014 is 100,then the real GNP of 2015 would be 
  1. 2000
  2. 2031.88
  3. 2045.33
  4. 2083.33
  5. 2033.33
  • The real GNP of 2016 is
  1. 2214
  2. 2207
  3. 2215
  4. 221
  5. 2213
  • The growth rate of real GNP from 2015 to 2016
  1. 5.2%
  2. 6%
  3. 7.4%
  4. 5.9%
  5. 6.1%
  • The inflation rate in 2016 in relation to 2015
  1. 20.83%
  2. 20.38%
  3. 19.61%
  4. 19.80%
  5. 21.12%

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