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    Principles of Economics Study Set 12
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    Exam 18: Measuring the Production, Income, and Spending of Nations
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    When There Is Inflation, the Reliability of Changes in GDP
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When There Is Inflation, the Reliability of Changes in GDP

Question 24

Question 24

Multiple Choice

When there is inflation, the reliability of changes in GDP as an indicator of changes in production


A) improves.
B) is not affected.
C) declines.
D) is not affected, unless the change in prices is extreme.
E) None of these

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