1. Calculate the total value of goods and services at current prices in this economy each year? 2. Calculate the total value of goods and services at constant prices in this economy each year? (Note: GDP deflator for 2015 is 100)
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Consider the following data on Prices and Quantities of T-Shirts and Pajamas.
1. Calculate the total value of goods and services at current prices in this economy each
year?
2. Calculate the total value of goods and services at constant prices in this economy each
year? (Note:
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