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Business, 19.12.2019 02:31 neariah24

Suppose an economy produces only eggs and ham. in 2009, 100 dozen eggs are sold at $3 per dozen and 50 pounds of ham sold at $4 per pound. in 2010, the base year, eggs sold at $1.50 per dozen and ham sold at $5 per pound. for 2009,a. nominal gdp is $400, real gdp is $500, and the gdp deflator is 80.b. nominal gdp is $400, real gdp is $500, and the gdp deflator is 125.c. nominal gdp is $500, real gdp is $400, and the gdp deflator is 80.d. nominal gdp is $500, real gdp is $400, and the gdp deflator is 125.

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Suppose an economy produces only eggs and ham. in 2009, 100 dozen eggs are sold at $3 per dozen and...
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