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11-10-2022
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consider an economy that produces only smartphones and laptops. last year, 10 smartphones were sold at $800 each, and 5 laptops were sold at $1,000 each, while this year, 15 smartphones were sold at $900 each, and 10 laptops were sold at $1,100 each. real gdp this year, using last year as a base year, is:

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