By definition, is nominal GDP higher than real GDP?

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Question Posted: Nov 24, 2015 08:49 AM

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By definition, is nominal GDP higher than real GDP?

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No The price level is just a number The exact number is arbit...View the full answer

Modern Principles of Economics

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