+1 862 207 3288 Macroeconomics
Nominal GDP in 2004 in the (made up) country of Druckeria was $2.0 billion and it was also $2.0 billion in 2014. Despite this, all of the citizens of Druckeria are unambiguously better off. How is that possible? Give two ways that they could all be unambiguously better of despite no growth in Nominal GDP.
