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book Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch cover

Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch

النسخة 1الرقم المعياري الدولي: 978-0077332648
book Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch cover

Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch

النسخة 1الرقم المعياري الدولي: 978-0077332648
تمرين 14
In a press conference, the president of a small country displays a chart showing that GDP has risen by 10 percent every year for five years. He argues that this growth shows the brilliance of his economic policy. However, his chart uses nominal GDP numbers. What might be wrong with this chart? If you were a reporter at the press conference, what questions could you ask to get a more accurate picture of the country's economic growth?
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Gross domestic product (GDP):
GDP refer...

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Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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