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    Macroeconomics Study Set 13
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    Exam 8: Gdp: Measuring Total Production and Income
  5. Question
    Table 19-13 -Refer to Table 19-13.Consider the Following Data for a Simple
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Table 19-13 -Refer to Table 19-13.Consider the Following Data for a Simple

Question 53

Question 53

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Table 19-13
Table 19-13    -Refer to Table 19-13.Consider the following data for a simple economy: Calculate nominal GDP and real GDP for 2011,using 2009 as the base year.Show your work.
-Refer to Table 19-13.Consider the following data for a simple economy: Calculate nominal GDP and real GDP for 2011,using 2009 as the base year.Show your work.

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Nominal GDP for 2011 equals (2...

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