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If the price of a basket of goods in 2015 was 120 and the price of the same basket of goods was 130 in 2016.

If the price of a basket of goods in 2015 was 120 and the price of the same basket of goods was 130 in 2016. Assume that 2015 is the base year . Assume further that nominal GDP for 2016 was $310, the real GDP for 2016 would be

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