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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    If Nominal GDP Increases This Year,then Real GDP
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If Nominal GDP Increases This Year,then Real GDP

Question 38

Question 38

Multiple Choice

If nominal GDP increases this year,then real GDP


A) must decrease.
B) must increase.
C) must not change.
D) could increase,decrease,or not change.
E) could either increase or not change but cannot decrease.

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