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Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559Macroeconomics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0077641559 Exercise 3
GDP rises from $20 trillion in 2017 to $21 trillion in 2018, but the price level remains the same. a) How much is real GDP in 2018? b) By what percentage did real GDP rise between 2017 and 2018?
Explanation
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GDP, or Gross Domestic Product refers to...
Macroeconomics 11th Edition by Stephen Slavin
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