=+5. Assume that nominal output rises from $12.5 billion in 2005 to $13 billion in 2006. Assume

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=+5. Assume that nominal output rises from $12.5 billion in 2005 to $13 billion in 2006. Assume also that the GDP deflator rises from 100 to 105.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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