Question
In 2015 a country had nominal GDP of 12 trillion euros and real GDP of 4 trillion euros. In 2016 it had nominal GDP of
In 2015 a country had nominal GDP of 12 trillion euros and real GDP of 4 trillion euros. In 2016 it had nominal GDP of 18 trillion euros and real GDP of 2 trillion euros. What was is the percentage increase in prices or the inflation rate in 2016?
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
9781266566899
