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4 Cards in this Set
- Front
- Back
Is nominal interest rate is greater than the real interest rate then? |
Inflation must be occurring |
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Sources of bias in cpi |
Commodity substitution Outlet substitution bias Quality bias |
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Percentages of cignx |
C= 68 I=17 G=18 Nx= -3% |
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What is gdp used for |
Compare standard of living across time and to determine peak or trough in business cycle |