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    Exam 9: Inflation: Its Causes and Cures
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    From an Initial Situation Where P = 1
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From an Initial Situation Where P = 1

Question 152

Question 152

Multiple Choice

From an initial situation where P = 1.00 and Y = 100,6 percent nominal GDP growth that causes P to go to 1.02 also causes Y to go to


A) 98.
B) 112.
C) 103.
D) 104.

Correct Answer:

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