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johnpaul92 johnpaul92
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8 years ago
Nominal government purchases were $2226.2 billion in 2008 and rose to $2372.8 billion in 2009. Real government purchases were $1940.6 for 2008 and $1958.0 for 2009, where 2005 was the base year. Calculate the percent change in the chain-weight price index for government purchases (rounded to the nearest percentage point) from 2008 to 2009.
A) 8%
B) 2%
C) 4%
D) 6%
Textbook 
Macroeconomics

Macroeconomics


Edition: 8th
Authors:
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supamansupaman
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8 years ago
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johnpaul92 Author
wrote...
8 years ago
This is incredible, wasn't expecting anyone to answer this one
wrote...
8 years ago
Take care for now
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