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You have the following information on prices and quantities in a simple economy. 2020 2021 Quantity of apples 500 550 Quantity of computers 5 ?
You have the following information on prices and quantities in a simple economy. 2020 2021 Quantity of apples 500 550 Quantity of computers 5 ? Price of apples $2 '1' Price of computers $1000 $1000 You will be given the missing information in each of the following 3 questions. Please note that this information also changes for each question, so you must recalculate your answer accordingly. In 2021, the quantity of computers is 10 and the price of apples is $6. Determine the percent rate of growth of real GDP in chained prices from 2020 to 2021 . Enter your answer rounded to 1 decimal place. If the value is negative be sure to enter a negative sign. (So for example. if the percent change is 18.2, enter the number 18.2.)
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