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nominal deficit is the deficit determined by looking at the difference between expenditures and receipts.

real deficit: nominal deficit - (inflation x total debt)

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Q: How do you calculate nominal deficit?
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How do you calculate the surplus or deficit as a percentage of GDP?

Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.


If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?

nominal GDP


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.


How do you calculate GDP deflater?

GDP Deflator = Nominal GDP/Real GDP x 100.


What is the difference among fiscal deficit budget deficit revenue deficit and trade deficit?

fiscal deficit: not enough money budget deficit: not as much money as you had planned to have in your budget revenue deficit: not enough money coming in trade deficit: you are spending more money on imports than the amount of money which you receive for your exports.

Related questions

How do you calculate the surplus or deficit as a percentage of GDP?

Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.


How do you calculate nominal interest rate?

Nominal interest, is the amount of interest on a loan or investment that does not take into account inflation; it's the amount of interest listed on the loan or bond.


. If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?

nominal GDP


If economists calculate the GDP for 2009 using current prices of year 2009 what are they estimating?

nominal GDP


Are there any circumstances under which an investor might be more concerned about the nominal return on an investment than the real return?

circumstances: a. when investors calculate the tax on returns, they use nominal returns,because tax on nominal returns is less than real returns in order to adjust profits.


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.


How do you calculate GDP deflater?

GDP Deflator = Nominal GDP/Real GDP x 100.


What does addes mean?

There are very many meanings. The acronym could, possibly, stand for Attention Deficit Disorder.


How do you calculate nominal breaking strength of nylon rope?

Look at boatsafe.com. It explains in detail the calculations for different rope types and sizes


How you calculate the paid up capital?

The paid up capital = Number of authorised shares x nominal value per share


How do you calculate the center of a 90 degree pipe elbow?

If your elbow is a short radius it is 1 times your nominal pipe diameter. If it is a long radius it is 1 1/2 times your nominal pipe diameter.show me the exact pattern of long radius


How do you calculate nominal output?

Add all total expenditure in an economy at current prices, this includes government spending, consumption, investment and net exports.