Two countries A & B have completely fixed and flexible prices respectively.  Consider this data            GDP A              Prices A              GDP B           Prices B year 1  5200 units         26                    5200 units        26 year 2 there occurs a negative demand shock.  A has a 30% decline in output.  B has a 30% decline in prices. Compute Real GDP in A and B in year 1 and 2.  4 answers.  Which county would experience a recession? Why?

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