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If the Percent Change in the Price Level Is ________

Question 50

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 always stays the same
E) Not enough information is given.

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