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FOR MORE CLASSES VISIT\nwww.tutorialoutlet.com\n\n\nQ1.Read the following excerpt and answer the following questions\n \n Macroeconomics and Economic Development: Informal Work and Dead Capital\n \n “Dead capital” is Hernando de Soto’s term for an asset that cannot easily be bought, sold, valued or used as an investment. Despite obvious poverty in the informal sector in Peru, de Soto’s work shows that even those who live in slums possess far more capital than anyone realizes. In fact, the informal economy is so large in Peru that almost 70 percent of the working population work in informal arrangements. … Possessions

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why does inflation make nominal gdp a poor tutorialoutletdotcom

Why does inflation make nominal GDP a poor/tutorialoutletdotcom

FOR MORE CLASSES VISIT

www.tutorialoutlet.com

why does inflation make nominal gdp a poor tutorialoutletdotcom 1
Why does inflation make nominal GDP a poor/tutorialoutletdotcom

Why does inflation make nominal GDP a poor measure of the increase in total production from one year to the next?

FOR MORE CLASSES VISIT

www.tutorialoutlet.com

Q1.Read the following excerpt and answer the following questions

    Macroeconomics and Economic Development: Informal Work and Dead Capital

    “Dead capital” is Hernando de Soto’s term for an asset that cannot easily be bought, sold, valued or used as an investment. Despite obvious poverty in the informal sector in Peru

why does inflation make nominal gdp a poor tutorialoutletdotcom 2
Why does inflation make nominal GDP a poor/tutorialoutletdotcom