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    Principles of Macroeconomics Study Set 7
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    Exam 4: Measuring the Economy 2: Unemployment and Inflation
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    "If There Is an Increase in Current Market Prices There
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"If There Is an Increase in Current Market Prices There

Question 115

Question 115

Essay

"If there is an increase in current market prices there will be an increase in nominal GDP." Evaluate this statement

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If real GDP remains the same,yes.However...

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