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Assume year 1 as the base year compute the Real GDP for Year 2 from the following data: Year Price Output 1 10,000 500 2
Assume year 1 as the base year compute the Real GDP for Year 2 from the following data:
| Year | Price | Output |
| 1 | 10,000 | 500 |
| 2 | 11,000 | 450 |
| 3 | 12,000 | 500 |
| 4 | 13,000 | 450 |
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Analysis For Financial Management
Authors: Robert C Higgins
8th International Edition
0071257063, 9780071257060
