Does the statement that total sales by businesses fell by 0.6 percent mean that GDP decreased by

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Does the statement that total sales by businesses fell by 0.6 percent mean that GDP decreased by 0.6 percent? Explain your answer.

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 05:35 AM

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Does the statement that total sales by businesses fell by 0.6 percent mean that GDP decreased by

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The statement total sales by businesses does not specify whethe...View the full answer

Foundations of Macroeconomics

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