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Explain the difference between nominal and real GDP and why real GDP is necessary to compare prior years data?
Explain the difference between nominal and real GDP and why real GDP is necessary to compare prior years’ data?
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The aggregate market value of the output produced in an e...
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
