Question: Why the answer is true? pls explain If nominal GDP grows by 7.4 percent and the inflation rate is 3.2 percent, then real GDP has

Why the answer is true? pls explain If nominal GDP grows

Why the answer is true? pls explain

by 7.4 percent and the inflation rate is 3.2 percent, then real

If nominal GDP grows by 7.4 percent and the inflation rate is 3.2 percent, then real GDP has increased by 4.2 percent. True False

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