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The Prices of Final Goods and Services in Eduland Have

Question 13

Multiple Choice

The prices of final goods and services in Eduland have increased by 23 percent between Year 1 and Year 2.If Eduland's GDP deflator for Year 1 was 100,its GDP deflator for Year 2 would be ________.


A) 103
B) 50
C) 123
D) 112

Correct Answer:

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