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Difference between real gdp and nominal gdp

Question: What is the difference between real GDP and nominal GDP? Which is the better measure of economic well-being, and why?

Format your paper consistent with APA guidelines. Be sure to properly cite your references. If you used an electronic source, include the URL. If you used a printed source, attach a copy of the data to your paper

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Macroeconomics: Difference between real gdp and nominal gdp

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