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The country of Academy produces only bow and arrow. Quantities and prices of these goods for the last several years are shown below. The base
The country of Academy produces only bow and arrow. Quantities and prices of these goods for the last several years are shown below. The base year is 2010. Year Price of Bow Quantity of Price of Quantity of Bow Arrow Arrow 2010 $12 210 $5.50 400 2011 $14 250 $6.50 420 2012 $15 280 $6.50 450 2013 $19 300 $8.00 480 What is the GDP deflator in 2012 Your Answer: Answer Question 50 (2 points) =) Listen Considering the following scenario for market of computer. Before government tax, the equilibrium price for computer was $1.160 and quantity was 205. After tax, buyers pay a new price of $1,220, and sellers receive price of $880. Also the new quantity is reduced to 150. How much is the total tax revenue in this market
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