nominal GDP and relevant price level both decrease= real GDP decrease?
thanks
economics problem
2008-10-06 2:22 am
回答 (1)
2008-10-06 8:00 pm
✔ 最佳答案
No. If nominal GDP decrease and relevant price level increase= real GDP decrease. Or if % decrease in GDP is larger than % decrease in price, then real GDP decrease.
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