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A) The price level in Slippery Rock in 2017 was 115. Calculate the Real GDP for 2017.B) Real GDP in 2019 was $278. How much

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A) The price level in Slippery Rock in 2017 was 115. Calculate the Real GDP for 2017.B) Real GDP in 2019 was $278. How much was real economic growth during this time?

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fork you used. TABLE 1 The following table represents the economic conditions in the tiny Pacific nation of Slippery Rock in 2017. Use this table to answer questions 1-3. All figures are in millions of Roxdollars. [18 pts] ITEM AMOUNT Consumption Expenditures for Services $100 Government purchases of goods and services $60 Taxes $30 Durable Goods Expenditures $52 Gross Investment $50 Social Security payments to retirees $20 $48 Nondurable Goods Expenditures $20 Imports $10 Exports

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