Solved: What was the growth rate of real gdp, Macroeconomics

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What was the growth rate of real gdp

Problem 1. under a fixed exchange rate system, expansionary monetary policy depletes foreign reserves central bank. IS-LM diagram

Problem 2. ASSUME LAST YEAR'S REAL GDP WAS 7,000, THIS YEAR NOMINAL GDP IS 8,820, AND THE GDP DEFLATOR FOR THIS YEAR IS 120. WHAT WAS THE GROWTH RATE OF REAL GDP?

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Macroeconomics: What was the growth rate of real gdp

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