Discussion Post
• Why was nominal GDP greater than real GDP in each of those quarters?
• Why was nominal GDP greater than real GDP in each of those quarters?
• What were the percentage changes in Nominal GDP and real GDP for the most recent quarter?
• What is the difference between gross domestic product (GDP) and gross national product (GNP)?
• What is the difference between gross domestic product (GDP) and gross national product (GNP)?
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.