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Based on the Data in the Table Below, Explain What

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Based on the data in the table below, explain what happened to output and prices in the economy between 2009 and 2010. 20092010 Nominal GDP ($ billions) $14,700$15,200 Real GDP ($ billions 2000 chain weighted) $12,100$11,900\begin{array} { l c c } & 2009 & 2010 \\\text { Nominal GDP (\$ billions) } & \$ 14,700 & \$ 15,200 \\\text { Real GDP (\$ billions 2000 chain weighted) } & \$ 12,100 & \$ 11,900\end{array}

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Real GDP decreased, indicating that the ...

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