In 2016 a country's GDP is $1,000. In 2017 nominal GDP rises to $1,092 and the price

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In 2016 a country's GDP is $1,000. In 2017 nominal GDP rises to $1,092 and the price index increases by 4%. Calculate the percentage increase in real GDP.

Posted Date: Jun 14, 2024 06:27 AM

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In 2016 a country's GDP is $1,000. In 2017 nominal GDP rises to $1,092 and the price

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