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2012 2013 Nominal GDP $10 000 $12 000 Real GDP $9500 $10 500 Refer to Table 12.2. Calculate the rate of increase in the price
2012 2013 Nominal GDP $10 000 $12 000 Real GDP $9500 $10 500 Refer to Table 12.2. Calculate the rate of increase in the price level from 2012 to 2013. Question 8 options: 7.9 per cent 8.6 per cent -7.9 per cent -8.6 per cent
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Analysis for Financial Management
Authors: Robert C. Higgins
12th edition
1259918963, 9781260140729 , 978-1259918964
