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Real GDP Is $2,560 Billion, the Quantity of Money $800

Question 28

Multiple Choice

Real GDP is $2,560 billion, the quantity of money $800 billion, and the velocity of circulation is 4.The GDP deflator is

A) 3.2.
B) 6.4.
C) 1,000.
D) 125.
E) 3,200.

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