ESSENTIALS OF ECONOMICS WITH CONNECT
11th Edition
ISBN: 9781266628146
Author: SCHILLER
Publisher: MCG
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Question
Chapter 2, Problem 2P
To determine
(a)
Nominal
To determine
(b)
Percentage change in nominal GDP between Year 1 and Year 2.
To determine
(c)
Real GDP in Year 2, taking Year 1 as the base year.
To determine
(d)
Percentage change in real GDP between Year 1 and Year 2.
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ESSENTIALS OF ECONOMICS WITH CONNECT
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