Without additional data, the value of the GDP price index cannot be known for any year in the graph above. The GDP price index is less than 100 in 2010. The GDP price index is greater than 100 in 1990. The GDP price index equals 100 in 2000.
Without additional data, the value of the GDP price index cannot be known for any year in the graph above. The GDP price index is less than 100 in 2010. The GDP price index is greater than 100 in 1990. The GDP price index equals 100 in 2000.
Chapter6: Tracking The U.s. Economy
Section: Chapter Questions
Problem 1.1P
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