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Given the following Table: Year Ox Px Qy Py Yl 50 100 0.6 Y2 50 1.2 120 0.6 Y3 60 1.2 140 1 1) Assume

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Given the following Table: Year Ox Px Qy Py Yl 50 100 0.6 Y2 50 1.2 120 0.6 Y3 60 1.2 140 1 1) Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 1 is 2) Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 3 is 3) Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 2 is 4) Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's real GDP in year 2 is 5) Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's GDP deflator in year 1 is 6) Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's GDP deflator in year 2 is 7) Assume that this economy produces only two goods Good X and Good Y. If year 2 is the base year, the value for this economy's real GDP in year 3 is

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