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Real GDP driving Price

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    Mahmoud Reda Ali N.
    EG
    Mahmoud Reda Ali N.

    ما هو معني التخضم ؟

    Lazarous M.
    ZW
    Lazarous M.

    During demand pull inflation wages increases to compensate the lost disposal income and this does not increases the output of GDP.

    Mahmoud E.
    EG
    Mahmoud E.

    thanks

    Denil S.
    GB
    Denil S.

    Gross demand products i guess

    GABRIEL FOSU A.
    GH
    GABRIEL FOSU A.

    Real GDP is an economic assessment that involves quantifying the inflation adjusted market value of goods and services produced by an economic system during a given time. Real GDP is used to determine the standard of living of the citizens in a country.

    GABRIEL FOSU A.
    GH
    GABRIEL FOSU A.

    How is GDP used to determine the driving price of a country?

    Rebecca A.
    GB
    Rebecca A.

    Excellent teaching and quite understandable.

    Rebecca A.
    GB
    Rebecca A.

    During demand pull inflation, is it possible that while wages is increasing , the total output of production (GDP) is decreasing?

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