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Using 2010 as the base year, compute nominal GDP real GDP, the implicit price deflator for GDP and the CPI for cach ye, The Data of Macroeconomics - Work It Out Question 2 Consider an economy that

Using 2010 as the base year, compute nominal GDP real GDP, the implicit price deflator for GDP and the CPI for cach ye, The Data of Macroeconomics - Work It Out Question 2 Consider an economy that produces and consumes brend and automobiles. The table includes data for two different years. 2010 2010 Good 2015 2015 Quantity Price Quantity Price Automobiles 100 $42000 130 $55000 Bread 570000 SIO 400000 $20 2010 Nominal GDPS 2015 Nominal GDPS Round answers to to places after the decimal where necessary 2010 Real GDP =$

a. Using 2010 as the base year, compute nominal GDP real GDP, the implicit price deflator for GDP and the CPI for cach ye, Th

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