The growth rate of nominal GDP was 9.4%, and the growth rate of real GDP was 7.4%

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The growth rate of nominal GDP was 9.4%, and the growth rate of real GDP was 7.4% for Iceland in 2016.

Approximately what was the percentage change in prices?

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Principles Of Economics

ISBN: 9781429237864

1st Edition

Authors: Betsey Stevenson, Justin Wolfers

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Question Posted: Mar 08, 2024 03:00 AM

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The growth rate of nominal GDP was 9.4%, and the growth rate of real GDP was 7.4%

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Principles Of Economics

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