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Refer to the Above Table

Question 31

Multiple Choice

  Refer to the above table. If output increases by 8% from Year 5 to Year 6, then in that period: A)  Real GDP will rise faster than nominal GDP B)  Real GDP will rise slower than nominal GDP C)  Nominal GDP will decrease D)  Real GDP will decrease Refer to the above table. If output increases by 8% from Year 5 to Year 6, then in that period:


A) Real GDP will rise faster than nominal GDP
B) Real GDP will rise slower than nominal GDP
C) Nominal GDP will decrease
D) Real GDP will decrease

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