What does mean about real gdp growth rate for economy


What are the problems with inflation itself? Be Specific. Is the real inflation that consumers have in their real-life really less than or greater than the government's recorded inflation rate? What does this mean about the real GDP growth rate for the economy based on the real-life inflation rate, if the nominal GDP growth rate stays the same?

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Microeconomics: What does mean about real gdp growth rate for economy
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