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For a given year, the nominal GDP is always higher than the real GDP. For example, if the real GDP in 2024 for a country
For a given year, the nominal GDP is always higher than the real GDP. For example, if the real GDP in 2024 for a country is $500,000,000, we know the nominal GDP in 2024 for that country is more than $500,000,000. Group of answer choices True False
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