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Between 1929 and 1933, NNP measured in current prices fell from $96 billion to $48 billion. Over the same period, the relevant price index fell from 100 to 75.
a.What was the percentage decline in nominal NNP from 1929 to1933?
b.What was the percentage decline in real NNP from 1929 to 1933? Show your work.
Constructive Coping
Positive strategies used to deal with stress, challenges, or adversity.
Appraisal-focused
Involves modifying the way one thinks about a stressful situation or challenge.
Emotion
A complex psychological state that involves a subjective experience, a physiological response, and a behavioral or expressive response.
Actively Seeking Help
The process of looking for assistance or guidance deliberately and consciously from others.
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