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The following table shows nominal GDP and an appropriate price index for a 5 year period. Using the values in the table, calculate the value
The following table shows nominal GDP and an appropriate price index for a 5 year period. Using the values in the table, calculate the value of real GDP for each year. (Enter your responses as whole numbers.) Nominal GDP Real GDP (Billions Year (Billions of dollars) Price Index of dollars) $2,863 120.0 $3,292 115.0 $3,555 108.0 UI AWN $3,982 112.0 $4, 101 127.0
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
