Gross Domestic Product in Purintania
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The question used this table that shows the value of GDP in the nation of Purintania. The figures shown are in millions of 1980 dollars and current dollars. I am not sure how to fill in the blanks.
Year GDP (Millions) GDP (millions of current dollars) Current Price Level
----------------------
1980 Price Level
1980 1,000 ________________ 1.00
1984 _______ 1,440 1.20
1988 1,300 ________________ 1.40
1992 1,500 ________________ 1.60
1996 _______ 2,720 1.70
2000 1,700 _________________ 1.80
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Gross Domestic Product is examined in this solution.
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