
Economics 10th Edition by William McEachern
النسخة 10الرقم المعياري الدولي: 978-1133188124
Economics 10th Edition by William McEachern
النسخة 10الرقم المعياري الدولي: 978-1133188124 تمرين 13
Case Study: Eight Decades of Real GDP and Price Levels
The price level grew slightly faster than real GDP between 1947 and 2011. Does this mean that the rising price level masked an actual decline in output? Why or why not?
The price level grew slightly faster than real GDP between 1947 and 2011. Does this mean that the rising price level masked an actual decline in output? Why or why not?
التوضيح
Real GDP:
The term real GDP refers to t...
Economics 10th Edition by William McEachern
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