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thall031 thall031
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5 years ago
Japan experienced periods of deflation  a declining price level  during the 1990s.  During a deflationary period, which would be higher:  nominal GDP or real GDP?  Why?  Assume that the base year of choice is prior to the deflationary period.
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InMacro

InMacro


Edition: 1st
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AZNSLOWPOKEAZNSLOWPOKE
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5 years ago
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thall031 Author
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5 years ago
Good timing, thanks!
Harvinder
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Yesterday
Thanks for your help!!
kobbhy
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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