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1. Suppose that twenty-five years ago a country had a nominal GDP of 1,000, a GDP...

1. Suppose that twenty-five years ago a country had a nominal GDP of 1,000, a GDP deflator of 200, and a population of 100. Today they have a nominal GDP of 3,000, a deflator of 400, and population of 150. What happened to the real GDP per person_____?

a. It more than doubled.

b. It was unchanged.

c. It fell.

d. It rose, but less than double.

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