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Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
Edition 14ISBN: 978-1337794985Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
Edition 14ISBN: 978-1337794985 Exercise 2
If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4 percent, by how much did real GDP change during the year?
Explanation
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If the nominal GDP increased by 6% then ...
Macroeconomics 14th Edition by William Baumol,Alan Blinder,John Solow
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