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Which Set of Changes Is Definitely Predicted to Lower Real

Question 47

Multiple Choice

Which set of changes is definitely predicted to lower Real GDP in the short run?


A) The money supply rises and labor productivity rises.
B) The U.S.dollar depreciates and wage rates fall.
C) The U.S.dollar appreciates and labor productivity rises.
D) Foreign real national income falls and wage rates rise.
E) none of the above

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