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    Essential Foundations of Economics Study Set 1
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    Exam 14: Gdp: a Measure of Total Production and Income
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    An Increase in Nominal GDP Could Result from an Increase
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An Increase in Nominal GDP Could Result from an Increase

Question 159

Question 159

Multiple Choice

An increase in nominal GDP could result from an increase in
I.production.
Ii.prices.
Iii.subsidies.


A) i only
B) ii only
C) i and ii
D) i and iii
E) i,ii,and iii

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