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Can global real GDP be calculated using nominal GDP and inflation rate? If so what is the error?

Inflation is not meant to be used that way. If you want to calculate real GDP you want either deflator or CPI or some measure of price level inflation measures the change in price level. What you want ...
1muflon1's user avatar
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What would happen in a modern economy if growth plateaus?

Simple answer: it would require the reduction of the 1% - "the rich". Thats where the money is (now being held - in a growth country economy only) and once "freed up" by necessity -...
Garion Porter's user avatar

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