For Question from 34 to 37, consider the following data for Bacon County, Georgia, an area that produces only two produc

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For Question from 34 to 37, consider the following data for Bacon County, Georgia, an area that produces only two produc

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For Question From 34 To 37 Consider The Following Data For Bacon County Georgia An Area That Produces Only Two Produc 1
For Question From 34 To 37 Consider The Following Data For Bacon County Georgia An Area That Produces Only Two Produc 1 (28.23 KiB) Viewed 41 times
For Question from 34 to 37, consider the following data for Bacon County, Georgia, an area that produces only two products: Pizza and Coke. Year Pizza Produced Price of Pizza Coke Produced Price of Coke 2007 100 400 1 2017 150 5 450 2 2 The nominal GDP in 2017 in Bacon County is: 1,300 1,050 1,650 800 Question 35 Real GDP for Bacon County for 2017 using 2007 as the base year equals 1,650 1,050 1,300 800
What is the GDP deflator in 2017, using 2007 as the base year? 100 157.14 126.92 63.63 Question 37 If the GDP deflator rises from 145 to 150, what is the rate of inflation between the two years? 3.33% 3% 3.45% 5%
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