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Real GDP Would Increase by 3 Percent If Nominal GDP

Question 38

Multiple Choice

Real GDP would increase by 3 percent if nominal GDP increased by:


A) 1 percent and inflation increased by 2 percent.
B) 6 percent and inflation increased by 2 percent.
C) 2 percent and inflation increased by 1.5 percent.
D) 5 percent and inflation increased by 2 percent.

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