Table 1: Economy-wide Product and Prices by Year Year 2005 Price Quantity Apples 2.00 10 Oranges 3.…

Table 1: Economy-wide Product and Prices by Year Year 2005 Price Quantity Apples 2.00 10 Oranges 3.00 10 Year 2006 Price Quantity Apples 2.25 12 Oranges 3.50 8 Assuming that production in both years consisted entirely of apples and oranges, the nominal GDP growth rate between 2005 and 2006 was: 0

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