Why does the base year matter in calculating real GDP?

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Macroeconomics

ISBN: 978-0134472119

6th Edition

Authors: Stephen D. Williamson

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Question Posted: Feb 21, 2020 07:05 AM

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Why does the base year matter in calculating real GDP?

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There is inflation in the economy and the GDP at current prices doesn...View the full answer

Macroeconomics

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