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Year 1 Year 2

Quantity Price Quantity Price

Oranges 100 $5 150 $5

Pears 100 $3 75 $4

1) what is the growth rate of constant- dollar real gdp using year 1 as the base year?

2) What is the growth rate of constant- dollar ral GDP using year 2 as the base year?

 

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9443708

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