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hinese policy makers are targeting a 5% GDP growth in 2023. Do you think this expected growth rate is stated in real or nominal terms?

hinese policy makers are targeting a 5% GDP growth in 2023. Do you think this expected growth rate is stated in real or nominal terms? Briefly explain why. How would we feel about 5% growth in the US? How do Chinese policy makers feel about 5% growth? With comparison across these two large economies, explain your answ

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