The following abstract appeared in gultnews.com on January 14th, 2019. "The UAE is forecast to achieve an annual average real GDP growth rate of 3.89% between 2019 and 2023, supported by an increase in investment Nows and private consumption A Would the nominal rate be less, the same or more than 3.8% Explain your answer discussing the difference between nominal GDP and8 GDP is used up by FOUR ultimate users Who are they? C Discuss whether the method that you use to calculate GDP influence the final result

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A: The following problem, in relation to economic growth has been answered as follows:

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A: As per the economy it decides to reduce consumption and increase investment.

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A: Since you have posted multiple questions, we will solve the first question for you. If you want any…