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Table 5-3. Prices and Quantities

Question 133

Multiple Choice

Table 5-3.
Prices and Quantities
Table 5-3. Prices and Quantities -Refer to Table 5-3. Using 2008 as the base year, what can we conclude for 2009? A) Real GDP is $880 and the GDP deflator is 80. B) Real GDP is $880 and the GDP deflator is 95 C) Real GDP is $880 and the GDP deflator is 125 D) Real GDP is $950 and the GDP deflator is 95.
-Refer to Table 5-3. Using 2008 as the base year, what can we conclude for 2009?


A) Real GDP is $880 and the GDP deflator is 80.
B) Real GDP is $880 and the GDP deflator is 95
C) Real GDP is $880 and the GDP deflator is 125
D) Real GDP is $950 and the GDP deflator is 95.

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