Business, 12.10.2021 21:40 natlovesfood

Suppose that nominal GDP was $14 trillion in 2040 in Atlantis. In 2050, nominal GDP was $15 trillion in Atlantis. The price level fell 6% between 2040 and 2050, and population growth was 3%. Between 2040 and 2050 in Atlantis, nominal GDP growth was % and economic growth was %.

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Suppose that nominal GDP was $14 trillion in 2040 in Atlantis. In 2050, nominal GDP was $15 trillion...

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