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In order to determine if an increase in GDP is caused by an increase in quantities produced or by an increase in price (inflation), economists
In order to determine if an increase in GDP is caused by an increase in quantities produced or by an increase in price (inflation), economists use the cost effect GDP. the nominal value of GDP. the real value of GDP. the price deflator
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
