Computers and Technology, 15.12.2019 16:31 shorty178658
Real gdp is found by removing the effects of inflation. how is this done mathematically?
a. by multiplying nominal gdp by (100/100+inflation rate)
b. by dividing real gdp by (100/100-inflation rate).
c. by subtracting the inflation rate from nominal gdp.
Answers: 3
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Real gdp is found by removing the effects of inflation. how is this done mathematically?
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