asked 176k views
5 votes
Suppose the country inflatistan had a nominal gdp of $48 billion in 2007 and a nominal gdp of $114 billion in 2013. if the price level was 100 in 2007 and 190 in 2013, what was the real gdp in 2013 (using 2007 dollars)?

1 Answer

1 vote
The answer is: $60.0 billion.
answered
User Waleed Almadanat
by
7.5k points
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