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EXPLAIN HOW GCP, INFLATION, AND UNMPLOYMENT ARE RELATED? IF THE PRICE INDEX IN CITY B IS 110 AND THE NOMINAL WAGE IS $32,000 WHAT IS

EXPLAIN HOW GCP, INFLATION, AND UNMPLOYMENT ARE RELATED?

IF THE PRICE INDEX IN CITY B IS 110 AND THE NOMINAL WAGE IS $32,000 WHAT IS THE REAL WAGE IN CITY B?

WHAT IS THE REAL RATE OF INTEREST IF THE MARKET RATE ON INTEREST IS 5% AND THE RATE OF INFLATION IS 4%?

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