If the GDP deflator rises from 185 to 190, what is the percentage increase in the price level between the two years?Group of answer choices270%50%5%2.7%

Suppose that in 1994 the total output in a single-good economy was 10,000 buckets of chicken. Also suppose that in 1994 each bucket of chicken was priced at $16. Finally, assume that in 2015 the price per bucket of chicken was $20 and that 22,000 buckets were produced. Instructions: In parts a-b, enter your answer rounded to 1 decimal place. In part c, enter your answers as a whole number. a. What is the GDP price index for 1994, using 2015 as the base year?       b. By what percentage did the price level, as measured by this index, rise between 1994 and 2015?      percent c. What were the amounts of real GDP in 1994 and 2015?      In 1994, real GDP = $       In 2015, real GDP = $

Suppose nominal GDP in 2011 increased by 5% (over its previous level in 2010). Given this information we know with certainty that Group of answer choices real GDP increased during 2010 the price level increased during 2010 both the price level and the real GDP increased during 2010 either the price level or real GDP increased during 2010 more information is needed to answer this question.

A decrease in the price level results in a(n) ________ in the quantity of real GDP demanded because a lower price level ________ consumption, investment, and net exports.Question 9Answera.decrease; decreasesb.decrease; increasesc.increase; increasesd.increase; decreases

If the price level in year 1 was equal to 100 and the price level in year 2 was equal to 1,000, in year 2 the country is experiencing:Group of answer choicesstable priceshyperinflationdeflationinflation

If the CPI in 1960 is 60 and the CPI in 1980 is 90, what was the percentage change in prices from 1960 to 1980?Group of answer choices200%20%50%300%