What is the difference between real and nominal gross domestic product (gdp)? there is no difference between real and nominal gdp. real gdp measures the expenditure of a nation, whereas nominal gdp measures the income accounts that make up those expenditure measures. nominal gdp for a given year is measured in dollars of that year, whereas real gdp is measured in dollars of some base year. nominal gdp is measured in dollars, whereas real gdp is a comparison to all other nation's production. nominal gdp is another name of net domestic product, or ndp. nominal gdp is measured in dollars, whereas real gdp is measured in terms of some consumption commodity, such as tons of coal, available in the economy right now.
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Business, 22.06.2019 04:30, skyvargasov9cad
Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?
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Business, 22.06.2019 11:30, kimjp56io5
Amano s preguntes cationing to come fonds and consumer good 8. why did the u. s. government use rationing for some foods and consumer goods during world war ii?
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Business, 22.06.2019 15:50, fireemblam101ovu1gt
Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.
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What is the difference between real and nominal gross domestic product (gdp)? there is no differenc...
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