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Suppose that between Year 1 and Year 2, the nominal GDP of an economy increased from $1 billion to $3 billion, and that the appropriate

Suppose that between Year 1 and Year 2, the nominal GDP of an economy increased from $1 billion to $3 billion, and that the appropriate index of prices increased from 100 in Year 1 to 200 in Year 2. GDP for Year 2 in terms of Year 1 prices would be what?

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