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An economy recently reported nominal gdp of 3 trillion euro and a gdp deflator of 200. what was real gdp?
a. 1.5 trillion euro, and real gdp is a better gauge of economic activity than nominal gdp.
b. 1.5 trillion euro, but nominal gdp is a better gauge of economic activity than real gdp.
c. 6 trillion euro, and real gdp is a better gauge of economic activity than nominal gdp.
d. 6 trillion euro, but nominal gdp is a better gauge of economic activity than real gdp.
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Hi inr 2002 class! i just uploaded a detailed study guide for this class. you can check-out a free preview by following the link below feel free to reach-out to me if you need a study buddy or have any questions. goodluck!
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An economy recently reported nominal gdp of 3 trillion euro and a gdp deflator of 200. what was real...
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