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he nominal GDP can be lower for a given year than the real GDP. For example, if the real GDP in 2023 for a country
he nominal GDP can be lower for a given year than the real GDP. For example, if the real GDP in 2023 for a country is $50,000,000, we know the nominal GDP in 2023 for that country can be something below $50,000,000. Group of answer choices True False
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Principles of Economics
Authors: Robert Frank, Ben Bernanke
5th edition
73511404, 978-0073511405
