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If the Percent Change in the Price Level Is __________

Question 41

Multiple Choice

If the percent change in the price level is __________ than the percent change in __________,__________.


A) smaller;nominal GDP;real GDP shrinks
B) greater;nominal GDP;real GDP shrinks
C) greater;real GDP;nominal GDP shrinks
D) greater;real GDP;nominal GDP stays the same
E) Not enough information is given.

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