Multiple Choice
If a country's real GDP increases from one year to the next, we can conclude the country experienced:
A) inflation and no change in output.
B) an increase in output and no change in prices.
C) a definite increase in output, and may have experienced an increase in prices.
D) definite inflation, and may have experienced an increase in output.
Correct Answer:

Verified
Correct Answer:
Verified
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