Mathematics
Mathematics, 21.03.2020 05:31, justinbailey96

An oil embargo has raised the price of fossil fuels, decreasing aggregate supply and causing real GDP to decrease from $10,000 to $9,000. What is the percent change in real GDP? If the change is a decrease in GDP, make sure to express your answer as a negative number. If necessary, round your answer to the nearest tenth.

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An oil embargo has raised the price of fossil fuels, decreasing aggregate supply and causing real GD...

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