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Apples Price Quantity Price Quantity Year 2014 2015 2016 145 165 110 195 225 165 Use the information from the preceding table to fW in
Apples Price Quantity Price Quantity Year 2014 2015 2016 145 165 110 195 225 165 Use the information from the preceding table to fW in the following table. Nominal GDP Real GDP 2014 2015 2016 From 2015 to 2016, nominal GDP and real GDP The inflation rate in 2016 was Why is real GDP a more accurate measure of an economy's production than nominal GDP? Real GDP is not influenced by price changes, but nominal GDP is. Real GDP does not include the value of intermediate goods and services, but nominal GDP does. Real GDP res the
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