Explain why an economist would focus on real GDP rather than nominal GDP.
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Explain why an economist would focus on real GDP rather than nominal GDP.
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Answer Gross domestic product GDP shows the monetary value of all goods and services produc...View the full answer
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Arpit Bhargava
I completed Masters in Economics in 2017 from TERI School of advance studies. During my post-graduation I got opportunities to write literature reviews, term papers as well as a thesis on Air pollution in Delhi. My key interest areas are economics, econometrics and multivariate analysis. As far as my teaching experience is concerned, I have been tutoring on online platforms like chegg, coursehero etc for the past few years.
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