You are trying to explain to your friends the importance of using real gdp to measure economic health over time, but some of them still insist that nominal gdp is equally good. use the data given below to show your friends the difference between real and nominal gdp. nominal gdp (millions of dollars) = $12000. price level (gdp deflator) = 92. what is real gdp given the nominal gdp and price level (gdp deflator)? real gdp (note: round this to the nearest tenth of a point) = $

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.