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Ao9 Ao9
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Posts: 1908
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8 years ago
To study a macroeconomy, we calculate aggregate quantities in real terms because
A) we want to get rid of the illusion of price effects.
B) it is the only way to reconcile the three approaches to measuring GDP.
C) we want to concentrate on the production of real goods, as opposed to services.
D) it is then easier to take logarithms.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
Read 385 times
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
wrote...
8 years ago
Wow!!
wrote...
8 years ago
I'm assuming I was right? Wink Face Don't forget to mark as solved.
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