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    Macroeconomics Study Set 29
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    Exam 7: Gdp and the Cpi: Tracking the Macroeconomy
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    Nominal GDP Was $5 803 Billion in 1994 and $11
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Nominal GDP Was $5 803 Billion in 1994 and $11

Question 199

Question 199

True/False

Nominal GDP was $5 803 billion in 1994 and $11 734 billion in 2008,we can conclude that aggregate output roughly doubled over the 14-year period.

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