2. Real vs. Nominal (LO2, CFA2) Assume the inflation rate in 2019 is 2.4 percent. If nominal...
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2. Real vs. Nominal (LO2, CFA2) Assume the inflation rate in 2019 is 2.4 percent. If nominal GDP grew 3.5 percent and nominal wages grew 2.8 percent, what are the approximate real growth rates in GDP and wages?
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Fundamentals Of Investments Valuation And Management
ISBN: 9781260013979
9th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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