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The following table contains nominal and real GDP data in billions of dollars of a country for 3 consecutive years. Nominal GDP Real GDP GDP
The following table contains nominal and real GDP data in billions of dollars of a country for 3 consecutive years. Nominal GDP Real GDP GDP deflator Percent change in GDP deflator Year 1 14151 12901 Year 2 14242 12973 ? Year 3 14453 13149 a) Fill in the empty space. b) Which numbers are considered as series of inflation rate
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