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The equation form for changes in real GDP in terms of changes in prices and changes in nominal GDP is: %Change in nominal GDP =

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The equation form for changes in real GDP in terms of changes in prices and changes in nominal GDP is: %Change in nominal GDP = %Change in real GDP - %Change in prices O % Change in real GDP = %Change in nominal GDP - % Change in prices O % Change in nominal GDP = %Change in real GDP + % Change in prices %Change in real GDP = %Change in nominal GDP + %Change in prices

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