The figure below shows real and nominal GDP for a hypothetical economy between 2000 and 2015. Assume this economy had the same inflationary experience as the United States did over this period. 
(A) What year is the ba5e year?
(B) Which 5 eries is real GDP?
(C) Priar to the base year, is real GDP Preater than or less than nominal GDP? Why?
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(B)
is real GDP.(C) Prior to...
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