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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
  5. Question
    Why Does Inflation Make Nominal GDP a Poor Measure of the Increase
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Why Does Inflation Make Nominal GDP a Poor Measure of the Increase

Question 71

Question 71

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Why does inflation make nominal GDP a poor measure of the increase in total production from one year to the next?

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Nominal GDP can change because...

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