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Consider the following simple economy that produces only three goods 2017 Product Denim pants Wine Textbooks 2009 (Base Year) Quantity Price 80 $40 90 11

Consider the following simple economy that produces only three goods 2017 Product Denim pants Wine Textbooks 2009 (Base Year) Quantity Price 80 $40 90 11 15 90 Quantity 100 80 20 Price $50 10 100 Real GDP in 2017 equals $

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