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Consider the following table: If 1995 is the base year, what is the GDP deflator for 2000? APPLES ORANGES Year Production / Production/Price Price 1995

Consider the following table: If 1995 is the base year, what is the GDP deflator for 2000? APPLES ORANGES Year Production / Production/Price Price 1995 20/$0.50 10/$1.00 2000 10/ $1.00 10/$0.50 between 0 and 1 1 greater than 1

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