Macroeconomics (Book Only)
Macroeconomics (Book Only)
12th Edition
ISBN: 9781285738314
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 8, Problem 5QP

(a)

To determine

Estimate the Real GDP if the price level  changes.

(b)

To determine

Estimate the Real GDP if there are changes in the non-price factors.

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