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3) The table below shows output and prices during 2022 (the reference year with a GDP deflator of 100) in the fictional country of Laffonia

3) The table below shows output and prices during 2022 (the reference year with a GDP deflator of 100) in the fictional country of Laffonia that produced only two goods (basketballs and volleyballs), and also the output and prices of these products in 2023.

Output in 2012 Quantity Per unit price ($) 2022 Output in 2022 Quantity Per unit ($) 2023
Basketballs 60 16.00 65 22.00
Baseballs 15 25.00 20 28.00

Calculate the value of the GDP deflator in 2023.

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