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Suppose that a hurricane destroys most of the capital stock within a country, causing nominal GDP to decrease by20% to$12,500 while the price level tumbles

Suppose that a hurricane destroys most of the capital stock within a country, causing nominal GDP to decrease by20%

to$12,500

while the price level tumbles to105

from an original value of150

. What is the current real GDP? Round your answer to the nearest hundredth.

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