What is the relationship between real GDP, nominal GDP, and the price index?
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Q16: Which of the following are included and
Q17: How is a price index computed?
Q18: Why do economists worry about "multiple counting"
Q19: The following is a list of figures
Q20: Define GDP and its characteristics.
Q22: The expanding "underground" economy creates problems for
Q23: Discuss the pros and cons of GDP
Q24: The next four questions refer to the
Q25: The following table shows the price of
Q26: If Canada doubled its real GDP, it
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