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Table 19-14 -Refer to Table 19-14

question 112

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Table 19-14
 Year  Nominal  GDP  Real GDP 201514,07813,254201614,44113,312\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Nominal } \\\text { GDP }\end{array} & \text { Real GDP } \\\hline 2015 & 14,078 & 13,254 \\\hline 2016 & 14,441 & 13,312 \\\hline\end{array}
-Refer to Table 19-14.Consider the following data on nominal GDP and real GDP (values are in billions of dollars) : The GDP deflator for 2016 equals


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