7. The following table shows nominal GDP and an appropriate price index for a group of selected...

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7. The following table shows nominal GDP and an appropriate price index for a group of selected years. Compute real GDP.

Indicate in each calculation whether you are inflating or deflating the nominal GDP data. LO27.5

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Economics

ISBN: 9781259723223

21st Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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