User534573345 User534573345
  • 25-03-2021
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Suppose that nominal GDP increases to $30,000, and the GDP deflator increases to 105. What is real GDP? Round your answer to the nearest cent.

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kirabowen15
kirabowen15 kirabowen15
  • 25-03-2021
Nominal GDP / GDP deflator
$30,000/105
=$285.71
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