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    Exam 23: Measuring a Nations Income
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    In the Economy of Wrexington in 2008,nominal GDP Was $10
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In the Economy of Wrexington in 2008,nominal GDP Was $10

Question 53

Question 53

Multiple Choice

In the economy of Wrexington in 2008,nominal GDP was $10 trillion and real GDP was $4 trillion.What was Wrexington's GDP deflator in 2008?


A) 25
B) 40
C) 250
D) 400

Correct Answer:

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