Which is better for making comparisons over time,nominal GDP or real GDP,and why?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q142: Disposable income is what households have to
Q143: How are total output and total income
Q144: When U.S.net exports are negative,the United States
Q145: The dollar value of output for an
Q146: What is the difference between GDP and
Q148: Government spending in the national income accounts
Q149: Savings equal the difference between personal income
Q150: Without foreign trade,the dollars used to buy
Q151: Explain the difference between intermediate goods and
Q152: What are transfer payments,and how do they
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents