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A country reported a nominal GDP of $100 billion in 2015 and 75 billion in 2014 and reported a GDP deflator of 125 in 2015 and 120 in 2014. What happened to real output and prices from 2014 to 2015 Select one: a. Real output and prices both rose. Real output rose and prices fell cReal output fell and prices rose. output and prices both fell
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A country reported a nominal GDP of $100 billion in 2015 and 75 billion in 2014 and reported a GDP d...
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