- Study guides, Class notes & Summaries

GDP= - CORRECT ANSWERGross Domestic Product GDP is - CORRECT ANSWERShows how large an economy It equals what the consumer pays GDP equation - CORRECT ANSWERC+I+G+NX Consumer spending Business spending government spending and exported Real GDP= - CORRECT ANSWERwhen you keep the price level constant Nominal GDP= - CORRECT ANSWERwhen they do it for the price it was at the time the rule of 70 - CORRECT ANSWER70/growth how long it takes an economy to double Cutting edge growth. - ...