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    Principles of Economics Study Set 8
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    Exam 23: Measuring a Nations Income
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    In 2012 a Country Had a Real GDP $15
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In 2012 a Country Had a Real GDP $15

Question 215

Question 215

Short Answer

In 2012 a country had a real GDP $15.4 trillion and GDP deflator of 125. If that country's GDP deflator equals 115 in 2013, what is the rate of inflation in 2013?

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