Question: Y5 e. Nominal versus real GDP. i. Explain the difference between nominal and real GDP. ii. Explain in detail the CPI and how it is

it is used to calculate real GDP. The following web address should

help - https://www.bls.gov/cpi/iii. If you were the CEO of Coca-cola Company, explain

e. Nominal versus real GDP. i. Explain the difference between nominal and real GDP. ii. Explain in detail the CPI and how it is used to calculate real GDP. The following web address should help - https://www.bls.gov/cpi/iii. If you were the CEO of Coca-cola Company, explain why you would care about tracking real GDP data. f. GDP and GDP per-capita. i. If you were in charge of economic policy for America, please explain why you would care about GDP per-capita

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