If we overestimated inflation over time, would our calculations of real GDP growth be over- or underestimated?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 19, 2023 03:56 AM

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If we overestimated inflation over time, would our calculations of real GDP growth be over- or underestimated?

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Nominal GDP is deflated by the measure of inflat...View the full answer

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