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view history bookmarks tools window help 44e wed econ1000 assignment...

Question: view history bookmarks tools window help 44e wed econ1000 assignment...

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View History Bookmarks Tools Window Help 44%E) wed ECON1000 Assignment I(CMU Wn X T7058ECON1000 Assignment l (CMU Winter 20 回 ☆ ofl9 - + Automatic Zoom 2. The next four questions refer to the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year Units ofPrice Year Output per unit 16 20 30 36 40 $2 (a) If year 2 is the base year, give the price index for year 3. (b) Give the nominal GDP for year 4. (c) What is the real GDP for year 4? (d) Tell which years you would deflate nominal GDP and which years you would inflate nominal GDP in finding real GDP Book Pro 名。F3 2 3 4

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