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Which of the following formulas would be used to calculate nominal gdp?(assume that the current year is different from the base year.) A. current year proces >< current ye…
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Which of the following formulas would be used to calculate nominal gdp?(assume that the current year is different from the base year.) A. current year proces >< current ye…
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Jan 17, 2024
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which of the following formulas would be used to calculate nominal gdp?(assume that the current year is different from the base year.) A. current year proces >< current year quantities B. current year proces >< base year quantities C. (current year proces - inflation) >< base year quantities D. base year proces >< base year quantities E. base year proces >< current year quantities
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Answer: nominal GDP. GDP Deflator.
Step-by-step explanation:
Prabhat Gundepalli
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Jan 24, 2024
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