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If the Nominal GDP Rises by 6 Percent and the Real

Question 91

Multiple Choice

If the nominal GDP rises by 6 percent and the real GDP rises by 3 percent, then the price level ________ by ________.

A) rises; 3 percent
B) rises; 9 percent
C) falls; 3 percent
D) falls; 9 percent
E) There is no change in inflation.

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