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    Principles of Economics Study Set 11
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    Exam 19: Introduction to Macroeconomics and Gross Domestic Product
  5. Question
    Explain Why Real Gross Domestic Product (GDP)is Preferred to Nominal
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Explain Why Real Gross Domestic Product (GDP)is Preferred to Nominal

Question 35

Question 35

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Explain why real gross domestic product (GDP)is preferred to nominal GDP as a measure of economic growth.

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Nominal GDP can increase as a result of ...

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