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A. Is nominal GDP a flow variable? B. Is real GDP a flow variable? C. Is labor force a stock variable?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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Question

A. Is nominal GDP a flow variable?

B. Is real GDP a flow variable?

C. Is labor force a stock variable?

D. Is exports a stock variable?

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