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A Country Economic Activities were recorded as follows:a.Find 2014 and 2015 nominal GDP?b.Find 2014 and 2015 real GDP (based year=2014)?c. Find the GDP deflator (based
A Country Economic Activities were recorded as follows:a.Find 2014 and 2015 nominal GDP?b.Find 2014 and 2015 real GDP (based year=2014)?c. Find the GDP deflator (based year=2014) from 2014 to 2015?d. Based on CPI calculation (PC & Rice are in the basket), find the inflation rate from 2014 to2015 (basket year=2014)?
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