Since GDP is expressed in dollar terms, which are deflated by a dubious price deflator, it is obvious that the so-called real GDP fluctuations are in response to the fluctuations in the quantity of dollars pumped into the economy.
BROADCASTING FOR INDEPENDENCE
Since GDP is expressed in dollar terms, which are deflated by a dubious price deflator, it is obvious that the so-called real GDP fluctuations are in response to the fluctuations in the quantity of dollars pumped into the economy.