Suppose nominal GDP in 2005 was $14 trillion, and in 2006 it was $15 trillion. The general

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Suppose nominal GDP in 2005 was $14 trillion, and in 2006 it was $15 trillion. The general price index in 2005 was 100, and in 2006 it was 103. Between 2005 and 2006, real GDP rose by what percent

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Macroeconomics Principles and Applications

ISBN: 978-1111822354

6th edition

Authors: Robert E. Hall, Marc Lieberman

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Question Posted: Nov 15, 2011 06:46 AM

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Suppose nominal GDP in 2005 was $14 trillion, and in 2006 it was $15 trillion. The general

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Macroeconomics Principles and Applications

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