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Fundamenndamentals of MacroeconomicsFundamenndamentals of MacroeconomicsIn evaluating the fundamentals of Macroeconomics, a basic understanding of the basic terms that describe economics is essential. Terms such as Gross domestic product GDP, real GDP, nominal GDP, unemployment rate, inflation rate, and interest rate are key components to leveraging this understanding. By explaining such terms, it is easier to.
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2/2Question 3Inflation Causes Real GdpActual Unemployment RateGross Domestic Product Gdp