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    Macroeconomics Study Set 25
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    Exam 8: GDP: Measuring Total Production and Income
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    Table 8-22 -Refer to Table 8-22.Consider the Data Above for a Simple
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Table 8-22 -Refer to Table 8-22.Consider the Data Above for a Simple

Question 141

Question 141

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Table 8-22
Table 8-22    -Refer to Table 8-22.Consider the data above for a simple economy: Using 2009 as the base year,calculate nominal GDP,real GDP,and the GDP deflator for 2013.Show your work.
-Refer to Table 8-22.Consider the data above for a simple economy: Using 2009 as the base year,calculate nominal GDP,real GDP,and the GDP deflator for 2013.Show your work.

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Nominal GDP for 2013 equals (5...

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