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1. Complete the following table for a simple economy, assuming that 1999 is the base year: Nominal Real GDP Inflation Growth rate of Growth rate
1. Complete the following table for a simple economy, assuming that 1999 is the base year: Nominal Real GDP Inflation Growth rate of Growth rate of GDP GDP Price rate nominal GDP real GDP Index 1999 20,000 (2) (4) 2000 (!) (3) (5) -20% (6) -10% - 20% 2, 500
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