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What is the difference between real and nominal gdp

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Reference no: EM13928699

What is the difference between real and nominal GDP? Does GDP accurately reflect the nation's welfare?

Why or why not? How can a country's GDP be manipulated? In your opinion, is the U.S. GDP being manipulated?

Explain your answer.

What is the difference between real and nominal GDP?

Reference no: EM13928699

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