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    Exam 20: The Measurement of National Income
  5. Question
    Suppose Nominal National Income in Some Country Increased by 10
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Suppose Nominal National Income in Some Country Increased by 10

Question 70

Question 70

Multiple Choice

Suppose nominal national income in some country increased by 10% during the year,when inflation was 5%.In this case,the real national income


A) fell by 10%.
B) fell by 5%.
C) was unaffected.
D) rose by 5%.
E) rose by 10%.

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