Nominal gdp and adjust for purchasing power parity

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Suzie and Mike are haying an argument. Suzie believes that to understand how well off a particular country is you just need to look at the nominal GDP and adjust for purchasing power parity. Mike on the other ha nd, belieyes that looking at the real GDP for a country is enough. How would you reply and add to this discussion? {Please llmll: your answer to one {slngle slded} M page. Answers longer than tnls wlll not be marked}

Reference no: EM131669742

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