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Q: What is the GDP for Tasmania?
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Is it humid in Tasmania?

No, it is cold in Tasmania. Tasmania is in the Southern Hemisphere.


What is short for Tasmania?

The abbreviation for Tasmania is Tas.


What volcanoes are in Tasmania?

Tasmania is geologically inactive. There are no volcanoes.


How do you calculate nominal GDP at market price?

Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.


What is the top ten poorest countries in Southeast Asia GDP?

TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)


How do you calculate deflation rate?

Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%


Who are the neighbors to Tasmania?

Just above Tasmania is the mainland Australia and New Zealand is South-East of Tasmania. Tasmania is a part of Australia


Does Tasmania have a desert or volcano?

Tasmania has no deserts but does have volcanoes which are either dormant or extinct.


Explain real GDP vs potential GDP?

Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation


How do you calculate percent change in normal GDP?

It is 100*(New GDP - Old GDP)/Old GDP


What is the largest country in Tasmania?

There are no countries in Tasmania. Tasmania is Australia's southern island state.


What is the nickname of Tasmania?

Tasmania's nickname is The Apple Isle.Some also refer to Tasmania as "Tassie".