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12) If real GDP were $9300 and nominal GDP were $11,160, then the GDP deflator would be A) 120 B) 1.2 C) 1860. D) 1.86.

12) If real GDP were $9300 and nominal GDP were $11,160, then the GDP deflator would be

A) 120

B) 1.2

C) 1860.

D) 1.86.

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