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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    -The Table Gives Data on the Production and Prices in a Small
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-The Table Gives Data on the Production and Prices in a Small

Question 20

Question 20

Essay

  -The table gives data on the production and prices in a small economy.Use 2012 as the base period.Using the chained-price method,what is the growth rate of real GDP from 2012 to 2013?
-The table gives data on the production and prices in a small economy.Use 2012 as the base period.Using the chained-price method,what is the growth rate of real GDP from 2012 to 2013?

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