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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
  5. Question
    Table 8-21 2013 2017 2018
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Table 8-21 2013 2017 2018

Question 197

Question 197

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Table 8-21
2013 2017 2018
Table 8-21 2013 2017 2018    -Refer to Table 8-21.Consider the data above for a simple economy: Using 2013 as the base year,calculate nominal GDP,real GDP,and the GDP deflator for 2018.Show your work.
-Refer to Table 8-21.Consider the data above for a simple economy: Using 2013 as the base year,calculate nominal GDP,real GDP,and the GDP deflator for 2018.Show your work.

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Nominal GDP for 2018 equals (5...

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