If you want to compare the growth rate of two different economies and you saw both country A grew at a nominal rate of 6
Posted: Wed Mar 09, 2022 8:27 am
If you want to compare the growth rate of two different
economies and you saw both country A grew at a nominal rate of 6%,
and country B grew at a nominal rate of 7%, would you
conclude that country A produced 1% more than country B in that
year? Explain.
economies and you saw both country A grew at a nominal rate of 6%,
and country B grew at a nominal rate of 7%, would you
conclude that country A produced 1% more than country B in that
year? Explain.