Computers and Technology, 18.01.2020 06:31 shyann78
To find real gdp, we must multiply the nominal gdp by a ratio less than 1. what does this mean?
a. real gdp will always be greater than nominal gdp during periods of inflation.
b. nominal gdp will always be less than real gdp during periods of inflation.
c. nominal gdp will always be greater than real gdp during periods of inflation.
Answers: 1
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To find real gdp, we must multiply the nominal gdp by a ratio less than 1. what does this mean?
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