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econ 2 question Here is the nominal GDP and GDP deflator data for the country of Oz for Years 5 and 10 (dating by the

econ 2 question

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Here is the nominal GDP and GDP deflator data for the country of Oz for Years 5 and 10 (dating by the arrival of the Wizard). Using Year 5 as the base year, what is Real GDP in Year 10? Round to the nearest dollar. Year Nominal GDP GDP Deflator 5 $50 100 10 560 115 $52 $43 @ $69

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