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$3.00 GM545 week 6 Quiz

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Chapter 1, # 0
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2. (TCO F) Suppose nominal GDP in 2005 was $12 trillion, and in 2006 it was $15 trillion. The general price index in 2005 was 100, and in 2006 it was 102.  Between 2005 and 2006, real GDP rose by what percent? (Points: 20)

 

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$3.00
GM545 week 6 Quiz
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