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    Exam 12: Tracking and Explaining the Macroeconomy
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    Suppose Nominal GDP for 1998 Is $9,900 Billion and the GDP
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Suppose Nominal GDP for 1998 Is $9,900 Billion and the GDP

Question 48

Question 48

Essay

Suppose nominal GDP for 1998 is $9,900 billion and the GDP deflator is 300. What is real GDP?

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Real GDP =...

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