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GDP rises from $5 trillion in 1990, the base year, to $7 trillion in 1994. The GDP deflator in 1994 is 140. Find real GDP

GDP rises from $5 trillion in 1990, the base year, to $7 trillion in 1994. The GDP deflator in 1994 is 140.

Find real GDP in 1994: Real GDP in 1994:$ ______ trillion.

Find the percentage increase in real GDP between 1990 and 1994: Real GDP increase is ______ %.

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