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Cuba Cuba
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Posts: 2658
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8 years ago
If real GDP is less than nominal GDP and prices have not changed from the base-year prices, then production must have declined.

Is this true or false?!
Textbook 
Economic Analysis of Social Issues

Economic Analysis of Social Issues


Edition: 1st
Author:
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IloveChiIloveChi
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8 years ago
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Cuba Author
wrote...
8 years ago
Very, very helpful. Will mark this topic solved.
wrote...
8 years ago
Wasn't so hard, referencing the textbook helped.
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