ECON 162 - Real & Nominal GDP Problems

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d. The chain-type approach produces a lower real GDP growth rate (27.48% vs. 30%) and a lower real GDP ($5,099.02 vs. $5,200), but a higher GDP price deflator (137.28 vs. 134.62).

<p>d. The chain-type approach produces a lower real GDP growth rate (27.48% vs. 30%) and a lower real GDP ($5,099.02 vs. $5,200), but a higher GDP price deflator (137.28 vs. 134.62).</p>
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d


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d