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-Refer to Table 5-2

Question 22

Multiple Choice

  -Refer to Table 5-2. Using 2018 as the base year, what can we conclude for 2017? A)  Real GDP is $760, and the GDP deflator is 100. B)  Real GDP is $760, and the GDP deflator is 125. C)  Real GDP is $880, and the GDP deflator is 80. D)  Real GDP is $950, and the GDP deflator is 80.
-Refer to Table 5-2. Using 2018 as the base year, what can we conclude for 2017?


A) Real GDP is $760, and the GDP deflator is 100.
B) Real GDP is $760, and the GDP deflator is 125.
C) Real GDP is $880, and the GDP deflator is 80.
D) Real GDP is $950, and the GDP deflator is 80.

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