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During a Presidential Campaign, the Incumbent Argues That He Should

Question 137

Multiple Choice

During a presidential campaign, the incumbent argues that he should be reelected because nominal GDP grew by 12 percent during his 4-year term in office. You know that population grew by 4 percent over the period and that the GDP deflator increased by 6 percent during the past 4 years. You should conclude that real GDP per person


A) grew by more than 12 percent.
B) grew, but by less than 12 percent.
C) was unchanged.
D) decreased.

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