Macroeconomics
4th Edition
ISBN: 9780393602487
Author: Jones, Charles I.
Publisher: W. W. Norton & Company
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Question
Chapter 2, Problem 1E
(a)
To determine
Determine the value of real
(b)
To determine
Determine the value of real GDP and nominal GDP in 1970.
(c)
To determine
Did the real GDP increase between 1970 and the most recent years or not.
(d)
To determine
Describe the difference between two numbers.
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