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    Principles of Economics Study Set 8
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    Exam 23: Measuring a Nations Income
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    If Nominal GDP Is $12,000 and the GDP Deflator Is
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If Nominal GDP Is $12,000 and the GDP Deflator Is

Question 122

Question 122

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If nominal GDP is $12,000 and the GDP deflator is 80, then real GDP is $15,000.

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