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RIVERS UNIVERSITY TRU Moodle English (en) Question 1 Table 4.26 Quiz na Not yet 2019 2020 N answered Nominal Marked out of GDP $10,000 $15,000

RIVERS UNIVERSITY TRU Moodle English (en) Question 1 Table 4.26 Quiz na Not yet 2019 2020 N answered Nominal Marked out of GDP $10,000 $15,000 1.00 Real GDP 10,000 14,000 Flag 20 question Refer to Table 4.26. Given the information above, calculate the GDP deflator for both 2019 and 2020. What does the value of the deflator in the year 2019 tell you about that year with respect to the base year? What happened to prices in Finish att 2019 as compared to 2020? Av

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