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Hi I got this as a homework question and I am confused with how to do the work. Can someone help me please? In 1980,
Hi I got this as a homework question and I am confused with how to do the work. Can someone help me please?
In 1980, Legoland's nominal GDP was $240 billion, and its GDP deflator was 80. In 1990, its GDP was $350 billion, and its GDP deflator was 130.
Calculate Legoland's 1980 GDP in 1990 dollars.
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