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Real GDP is _____, but nominal GDP is not. total output adjusted for price changes total income

The price of money that is borrowed or saved is called _____. real GDP the market value an interest rate

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User Yenta
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2 Answers

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Answer:

Adjusted for price changes

Step-by-step explanation:

answered
User JGS
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1) The difference between the real and the nominal GDP is that real GDP is adjusted for inflation or prize changes so here the answer is "adjusted for prize changes"

2) The prize of money borrowed or saves, as paid to or by the bank that borrows or keeps the money is called the interest rate.
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User Rauni Lillemets
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