Why does mean that rising price level masked actual decline, Macroeconomics

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Why does mean that rising price level masked actual decline

Problem

(Case Study: Over Seven Decades of Real GDP and Price Levels) The price level grew faster than real GDP between 1947 and 2003. Does this mean that the rising price level masked an actual decline in output? Why or why not?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why does mean that rising price level masked actual decline

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Macroeconomics: Why does mean that rising price level masked actual decline

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