Answered: a. What is real GDP in 2008, at prices…

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Economics

a. What is real GDP in 2008, at prices of 2007? billion es b. What is real GDP in 2007, at prices of 2008? %24 billion

Macroeconomics

13th Edition

ISBN:9781337617390

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section7.4: Real Gdp

Problem 2ST

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Explain it correctly both subparts.

a. What is real GDP in 2008, at prices of 2007?
billion
es
b. What is real GDP in 2007, at prices of 2008?
%24
billion

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