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    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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    https://brainmass.com/economics/price-levels/gross-domestic-product-purintania-61815

    Solution Summary

    Gross Domestic Product is examined in this solution.

    $2.19