Business, 02.11.2020 16:30 keoni18

When computing economic growth, changes in nominal gross domestic product (GDP) must be adjusted to reflect changes in the price level because: Group of answer choices changes in prices are primarily determined by the government. an increase in prices will increase nominal GDP without any actual economic growth. changes in prices are largely irrelevant for consumers. an increase in prices will decrease nominal GDP without any actual economic growth. prices are nearly impossible to measure by government economists.

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When computing economic growth, changes in nominal gross domestic product (GDP) must be adjusted to...

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