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Prepare a two page analysis by answering the questions below. Be sure to cite your references using APA format.
 
What is nominal GDP? What is real GDP? What is included in each? Why are these measures important? What do they tell us? What was GDP for the last two years? Use the data at the following Web site to answer this question, https://www.bea.gov/national/index.htm#gd, as well as the information from Mankiw. Principles of Economics, 5th Edition. South Western Educational Publishing, 9/29/08.

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