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the following questions and explain briefly your answers using what you have learned in this class. (a) Is it possible to have the growth rate
the following questions and explain briefly your answers using what you have learned in this class. (a) Is it possible to have the growth rate of real GDP higher than that of nominal GDP? If so, when? (b) Is it possible that after an influx of immigrants, there is an increase in real GDP but a decrease in real GDP per capita? If so, when? (c) Online job application and online job interviews can speed up the matching process of employers and employees. How would this affect unemployment rate? (d) If the real GDP without seasonal adjustment falls by 4% in Quarter 2 (April to June) from Quarter 1 (January to March), does it necessarily imply a bad economic performance? What would be a better measure of economic performance? Explain briefly
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