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Suppose that nominal GDP increased by three percent and real GDP increased by one percent. This means that prices increased approximately by one percent. two
Suppose that nominal GDP increased by three percent and real GDP increased by one percent. This means that prices increased approximately by
one percent.
two percent.
three percent.
four percent.
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Principles Of Risk Management And Insurance
Authors: George E. Rejda, Michael McNamara
12th Edition
399
