samanthamaurici122 samanthamaurici122
  • 29-10-2020
  • Business
contestada

The smaller the GDP, the larger the economy.

Respuesta :

nickiramaelee827
nickiramaelee827 nickiramaelee827
  • 29-10-2020

Answer:

Real gross domestic product is an inflation-adjusted measure

price levels and provides a more accurate figure of economic growth

This means that if inflation is positive, real GDP will be lower than nominal, and vice versa

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