=+c. Inflation is 5 percent; real output rises 2 percent.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 05:03 AM

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=+c. Inflation is 5 percent; real output rises 2 percent.
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=+b. If nominal output is $300 billion and the price index is 115, what is real output?
=+ What would you expect to happen to nominal output?
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=+c. Inflation is 5 percent; real output rises 2 percent.

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Economics

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