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Click the following link to view GDP data from FRED Then use that data to...

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Basic Math

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Click the following link to view GDP data from FRED Then use that data to answer the following questions For this exercise you will need to enter data from FRED for nominal gross domestic product GDP and real gross domestic product GDPC1 Using the data from FRED enter the values for the second quarter of 2023 shown as 2023 04 01 in Fred for the following series IDS Enter your responses exactly as they appear in FRED Series ID Value GDP GDPC1 26834 953 bil 20404 088 bil of chained Given these values the GDP deflator for this period is Enter your response rounded to two decimal places GDP 26 643 24 901 23 159 21 417 19 675 17 933 16 191 14 449 12 707 10 965 9 223 U S Nominal and Real GDP Q2 11 Q2 15 02 19 02 Real time data provided by Federal Reserve Economic Dat Federal Doconio Bank of Saint Louis

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