Comprehension Check
Real v Nominal GDP
5 questions
Progress: 0 of 5 completed0%
If a country's nominal GDP increased by 7% in a year, while its real GDP only increased by 3%, what can be concluded?
1 of 5
Study Resources
Unit 2 Study Guide
Real v Nominal GDP
If a country's nominal GDP increased by 7% in a year, while its real GDP only increased by 3%, what can be concluded?