ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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If the GDP deflator in 2020 equals 2 and nominal GDP in 2020 equals $20 trillion, what is the value of real GDP in 2020?
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Transcribed Image Text:If the GDP deflator in 2020 equals 2 and nominal GDP in 2020 equals $20 trillion, what is the value of real GDP in 2020?
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