2. If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by...

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2. If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4 percent, by how much did real GDP change during the year?

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Macroeconomics Private And Public Choice

ISBN: 9781111970628

14th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 24, 2024 10:00 AM

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2. If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4 percent, by how much did real GDP change during the year?
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2. If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by...

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Macroeconomics Private And Public Choice

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