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The table below shows total output for an economy over 2 years. 2020 Price Quantity watermelon $14.00 100 units pineapple $18.00 200 units apricot $16.00
The table below shows total output for an economy over 2 years. 2020 Price Quantity watermelon $14.00 100 units pineapple $18.00 200 units apricot $16.00 100 units 2021 Price Quantity watermelon $16.00 120 units pineapple $20.00 200 units apricot $17.00 90 units TABLE X Refer to Table X. The implicit GDP deflator in 2021 (using 2020 as the base year) is
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Econometric Analysis
Authors: William H. Greene
7th edition
131395386, 131395381, 978-0131395381
