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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
  5. Question
    If the GDP Deflator Is Less Than 100,which Will Be
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If the GDP Deflator Is Less Than 100,which Will Be

Question 13

Question 13

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If the GDP deflator is less than 100,which will be higher: nominal GDP or real GDP? Why?

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Real GDP will be higher.The GD...

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