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    Macroeconomics A Contemporary Introduction Study Set 1
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    Exam 10: Aggregate Supply
  5. Question
    If the Rate of Increase in the Price Level Exceeds
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If the Rate of Increase in the Price Level Exceeds

Question 100

Question 100

True/False

If the rate of increase in the price level exceeds the rate of increase in nominal GDP,real GDP declines.

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