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Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206Macroeconomics + Economy 2009 Update 9th Edition by Stephen Slavin
Edition 9ISBN: 978-0077354206 Exercise 9
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 + Economy 2009 Update 9th Edition by Stephen Slavin
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