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1.Explain the difference between 'nominal' and 'real' GDP. Do you think real GDP truly reflects the social welfare in a country? Briefly explain.
1.Explain the difference between 'nominal' and 'real' GDP. Do you think real GDP truly reflects the social welfare in a country? Briefly explain.
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Puzzle Of Latin American Economic Development
Authors: Patrice Franko
2nd Edition
0742524663, 9780742524668
