Mac3: CPI, nominal/real GDP, econ. growth, per capita GDP
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Last updated almost 6 years ago
5 questions
1
A price index that measures the change in prices over time that consumers pay for a market basket of goods and services is called:
A price index that measures the change in prices over time that consumers pay for a market basket of goods and services is called:
1
What's the difference between nominal GDP and real GDP?
What's the difference between nominal GDP and real GDP?
1
Why is it important that a nation experience economic growth?
Why is it important that a nation experience economic growth?
1
According to the real GDP percentage growth chart above which quarter/year saw the slowest growth?
According to the real GDP percentage growth chart above which quarter/year saw the slowest growth?
1
How is real GDP per capita calculated?
How is real GDP per capita calculated?