If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4

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If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4 percent, by how much did real GDP change during the year?

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Macroeconomics Private And Public Choice

ISBN: 9780357134009

17th Edition

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

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Question Posted: Oct 06, 2023 05:09 AM

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If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4 percent, by how much did real GDP change during the year?
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If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4

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Macroeconomics Private And Public Choice

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