Why does the base year matter in calculating real gdp, Macroeconomics

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Why does the base year matter in calculating real gdp

Problem

1. What is investment?

2. Is national defense a large fraction of government spending?

3. Why does the base year matter in calculating real GDP?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why does the base year matter in calculating real gdp

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Macroeconomics: Why does the base year matter in calculating real gdp

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