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assume you're told that current real GDP of Jasonia is 102 trillion bucks. Over the past year real GDP grew by 2%. Over the same

assume you're told that current real GDP of Jasonia is 102 trillion "bucks". Over the past year real GDP grew by 2%. Over the same period of time Jasonian CPI grew from 200 to 280. As well the unemployment rate rose from 0% to 10%. Finally, you're told that the economists' best guess at frictional unemployment is 2% where structural unemployment is 4%

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