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A Country Reported a Nominal GDP of $115 Billion in 2012

question 168

Multiple Choice

A country reported a nominal GDP of $115 billion in 2012 and $125 billion in 2011 and reported a GDP deflator of 85 in 2012 and 100 in 2011.What happened to real output and prices from 2011 to 2012?

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Definitions:

Acetic Acid

A weak organic acid that is the main component of vinegar, known chemically as CH3COOH.

Strongest Acid

A compound that has the greatest tendency to donate a proton (H+) in a chemical reaction compared to other acids under similar conditions.

1H NMR Spectrum

A representation of the magnetic resonance signal of hydrogen atoms within a molecule, used to deduce structural information about the molecule's environment.

Unknown Acid

A term used for an acid whose identity is not yet determined in a laboratory setting, often requiring further analysis for identification.

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