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    Macroeconomics Study Set 43
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    Exam 6: B: an Introduction to Macroeconomics
  5. Question
    Economic Growth Is Defined As
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Economic Growth Is Defined As

Question 38

Question 38

Multiple Choice

Economic growth is defined as:


A) an increase in either real GDP or real GDP per capita.
B) an increase in the nominal GDP.
C) an increase in the overall general price level.
D) an increase in the level of consumption.

Correct Answer:

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