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    Macroeconomics Study Set 11
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    Exam 25: Appendix
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    If GDP Is Less Than GNP,we Know with Certainty That
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If GDP Is Less Than GNP,we Know with Certainty That

Question 7

Question 7

Multiple Choice

If GDP is less than GNP,we know with certainty that


A) a budget deficit exists.
B) a trade surplus exists.
C) a trade deficit exists.
D) none of the above

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