Make sure to multiply the result so that the scales match, Macroeconomics

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Make sure to multiply the result so that the scales match

Problem

Use nominal GDP (GDP) and real GDP (GDPC1) to construct a graph of the GDP deflator from 1947-present (use LINE 1 only). Now check your work by adding LINE 2 with the GDP deflator variable (GDPDEF) for the same time period. NOTE: When calculating the GDP Deflator using nominal GDP and real GDP, make sure to multiply the result by 100 so that the scales match when making your comparison.

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Macroeconomics: Make sure to multiply the result so that the scales match

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Macroeconomics: Make sure to multiply the result so that the scales match

Reference No:- TGS03302761

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