2 Answered Questions for the topic nominal gdp

Nominal Gdp Macroeconomics Gdp

11/29/20

What are the shortcomings of gross domestic product as a measure of all economic activity in a country?

What are the shortcomings of gross domestic product as a measure of all economic activity in a country?

11/29/20

How do you calculate nominal GDP if you know the real GDP and price level?

If real GDP increased 2% this year and the price level increased 4% this year, how much did nominal GDP increase this year?

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