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18 Aug 2020
Suppose for the year 2013 the economy of Uplandia has a nominal GDP of $5,500 billion and a real GDP of $3,300 billion.
1. For 2013, this economy's GDP deflator is _______.
Now suppose the GDP deflator in 2012 was 154.7
2. Uplandia's year-over-year inflation rate is _____%
Suppose for the year 2013 the economy of Uplandia has a nominal GDP of $5,500 billion and a real GDP of $3,300 billion.
1. For 2013, this economy's GDP deflator is _______.
1. For 2013, this economy's GDP deflator is _______.
Now suppose the GDP deflator in 2012 was 154.7
2. Uplandia's year-over-year inflation rate is _____%
2. Uplandia's year-over-year inflation rate is _____%
Divya SinghLv10
28 Sep 2020