Social Studies, 05.05.2020 23:18 blackops7777
Assuming the price level increased, real gross domestic product (GDP) is greater than nominal GDP if the current period is the base period, and real GDP is less than nominal GDP if the current year is the base period.
a. equal to; the same as
b. after; after
c. before; after
d. after; before
e. before; before
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Assuming the price level increased, real gross domestic product (GDP) is greater than nominal GDP if...
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