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Respond to the following in a minimum of 175 words:
GDP is a strong measure of the health of the economy, and it’s among the most important and widely reported economic data.
· In your own words, summarize nominal GDP.
· Discuss the limitations of gross domestic product (GDP) as a measurement tool.
· What is the difference between real and nominal GDP?
· Locate an online news article about GDP. Summarize the article and explain its relation to/impact on GDP.
