A few days ago
economics ==> real GDP. pls help. *desperate*?
Im suppose to gather data of real gdp for the past years.
and, the data i get is per quarter in a year. thus, should I add the all 4 quarters to get the RGDP in a year. or just extract the last quarter (which is december) of the RGDP?
i need the answer like real fast! tq
Top 3 Answers
A few days ago
Favorite Answer
1Q + 2Q + 3Q + 4Q = the entire year. So yeah, add them together.
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A few days ago
Real GDP: the total value of all final goods and services produced in the economy during a given year, calculated using the prices of a selected base year.
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4 years ago
With all due comprehend, your premise is slightly over board. Even the Laffer curve preducts no such concern; it purely predicts that the is a tax fee point which will maximize gross sales. needless to say, at a nil% marginal fee, income tax gross sales would be $0. aside from some people who might desire to paintings charitably, at a a hundred% marginal fee income tax gross sales will physique of suggestions $0. there’s a factor between those the place gross sales is maximized. do you already know the place this is?
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