Is the economy growing or shrinking

Reference no: EM133669216

Assignment:

1. I'm having trouble defining nominal GDP in my own words. 2. What does nGDP, on its own, tell us about the current state of the US economy? Making sure that my interpretation takes into account the definition of nGDP I wrote above. Is the economy growing or shrinking?

Reference no: EM133669216

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Is the economy growing or shrinking : I'm having trouble defining nominal GDP in my own words. 2. What does nGDP, on its own, tell us about the current state of the US economy?

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