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Assume the Table Shown Displays the Total Output and Prices

question 86

Multiple Choice

Assume the table shown displays the total output and prices of the only two goods produced in a small economy. Assume the table shown displays the total output and prices of the only two goods produced in a small economy.   What is the value of the GDP deflator in 2020 (rounded to the nearest whole number) ? A)  135 B)  74 C)  109 D)  105 What is the value of the GDP deflator in 2020 (rounded to the nearest whole number) ?


Definitions:

Elemental Symbol

A notation of one or two letters representing a chemical element derived from its current English name or historical Latin name.

Selenium

A non-metallic chemical element with properties similar to sulfur and tellurium, used in electronic components and as a dietary supplement.

Elemental Symbol

A notation of one or two letters representing a chemical element, often derived from its English name or Latin origin.

Tungsten

A hard, rare metal under standard conditions, with the highest melting point of all the elements, used in light bulb filaments and steel alloys.

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