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Question 207

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Table: Real and Nominal Output Use the following to answer questions: Table: Real and Nominal Output -(Table: Real and Nominal Output) Look at the table Real and Nominal Output. The year in which the increase in nominal GDP is exclusively due to the increase in the price level rather than physical output is year: A) 2. B) 3 C) 4. D) 6.
-(Table: Real and Nominal Output) Look at the table Real and Nominal Output. The year in which the increase in nominal GDP is exclusively due to the increase in the price level rather than physical output is year:


A) 2.
B) 3
C) 4.
D) 6.

Correct Answer:

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