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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
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    If Nominal GDP Rises We Can Say That
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If Nominal GDP Rises We Can Say That

Question 54

Question 54

Multiple Choice

If nominal GDP rises we can say that


A) production has risen and prices remain constant.
B) prices have risen and production remains constant.
C) production has risen or prices have risen or both have risen.
D) production has fallen and prices have risen.

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