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Since real GDP is adjusted for inflation and nominal GDP is not, nominal GDP must always be higher t

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Since real GDP is adjusted for inflation and nominal GDP is not, nominal GDP must always be higher t

Since real GDP is adjusted for inflation and nominal GDP is not, nominal GDP must always be higher than real GDP. Do you agree or disagree? Why?

Textbook

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 196 times

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