What is the difference between real and nominal gdp how do, Microeconomics

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What is the difference between real and nominal gdp how do

Question: What is the difference between real and nominal GDP? How do you compare GDPs over time within an economy? How do you compare GDPs across different economies? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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