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The formula for calculating a price index is Blank______. Multiple choice question. real GDP divided by nominal GDP the price of a market basket in
The formula for calculating a price index is Blank______. Multiple choice question. real GDP divided by nominal GDP the price of a market basket in a specific year divided by the price of the same market basket in the base year multiplied by 100 real GDP minus nominal GDP the price of the market basket in the base year divided by the price of the same market basket in a specific year multiplied by 100
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