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MACROECONOMICS FOR TODAY

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter5: Gross Domestic Product

Section: Chapter Questions

Problem 5SQ

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Calculate the PPP-adjusted GDP for each of the four countries, using the information found in the table below.
Instructions: Round your answers to the nearest dollar.
Country
GDP
($)
Price level
(%)
Ona
12,000
5
Rye
12,800
-26
Zolfo
14,000
-9
Avon
23,300
22
PPP-adjusted GDP

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Calculate the PPP-adjusted GDP for each of the four countries using the information found in the table below. Instructions: Round your answers to the nearest dollar. Price level adjustment (%) GDP ($) 10,500 12,500 14,125 23,500 Country Ona PPP-adjusted GDP Rye Zolfo Avon -26 -9 25
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