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III) [1 pt] Calculate the GDP deflator in 2010. IV) [2 pts] What does this number tell you? [Hint: you need to compare the GDP

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III) [1 pt] Calculate the GDP deflator in 2010. IV) [2 pts] What does this number tell you? [Hint: you need to compare the GDP deflator in 2010 with the GDP deflator in the base year.]

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