Question: Briefly explain whether you agree with this statement: Real GDP in 2016 was $16.7 trillion. This value is a large number. Therefore, economic growth must
Briefly explain whether you agree with this statement: “Real GDP in 2016 was $16.7 trillion. This value is a large number. Therefore, economic growth must have been high during 2016.”
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You should disagree with this statement Real GDP itself is not a measure of ... View full answer
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