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    Exam 21: Sizing up the Economy Using Gdp
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    In 1933, If Inflation in the United States Was -2
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In 1933, If Inflation in the United States Was -2

Question 155

Question 155

Multiple Choice

In 1933, if inflation in the United States was -2.8% and the growth rate of real GDP was -1.2%, what was the nominal GDP growth rate?


A) -1.2%
B) 1.6%
C) -1.6%
D) -4%

Correct Answer:

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