3. Use the data table to answer the question that follows: Year Nominal GDP GDP Deflator 160 175 1 2 By how much did the value of output, adjusted for inflation, change from year 1 to year 2? A - $200 billion B- $410 billion C- $179 billion D- $400 billion E- $600 billion $640 billion $1050 billion

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A:

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