Recall that real GDP = nominal GDP x Deflator. In 2005, country A's GDP was 300bn and the deflator against 2004 prices w
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Recall that real GDP = nominal GDP x Deflator. In 2005, country A's GDP was 300bn and the deflator against 2004 prices w
Recall that real GDP = nominal GDP x Deflator. In 2005, country A's GDP was 300bn and the deflator against 2004 prices was 1.15. Find the real GDP for country A in 2004 prices.
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