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    Understanding Economics
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    Exam 9: Inflation and Unemployment
  5. Question
    If Nominal GDP Rises
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If Nominal GDP Rises

Question 14

Question 14

Multiple Choice

If nominal GDP rises:


A) real GDP may either rise or fall
B) the price level has risen
C) real GDP must fall
D) real GDP must also rise
E) the price level has fallen

Correct Answer:

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