Question
Nominal GDP will always exceed Real GDP unless A. There is inflation in the system. B. There is deflation in the system. C. The constant
Nominal GDP will always exceed Real GDP unless
A. There is inflation in the system. B. There is deflation in the system. C. The constant dollar approach is used. D. The constant dollar approach is not used
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Handbook Of Financial Intermediation And Banking
Authors: Anjan V. Thakor, Arnoud Boot
1st Edition
0444515585, 978-0444515582
