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  3. Study Set
    Principles of Economics Study Set 1
  4. Exam
    Exam 17: Measuring Economic Activity: GDP and Unemployment
  5. Question
    In the Base Year, Real GDP ________ Nominal GDP
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In the Base Year, Real GDP ________ Nominal GDP

Question 40

Question 40

Multiple Choice

In the base year, real GDP ________ nominal GDP.


A) is greater than
B) is less than
C) is equal to
D) could be greater than or less than

Correct Answer:

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