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    Exam 5: Macroeconomics: the Big Picture
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    To Best Determine Whether an Economy's Output Is Growing or Shrinking
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To Best Determine Whether an Economy's Output Is Growing or Shrinking

Question 137

Question 137

Multiple Choice

To best determine whether an economy's output is growing or shrinking, one must keep track of changes in:


A) nominal GDP.
B) the growth rate of nominal GDP.
C) the general price level.
D) real GDP.

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