Multiple Choice
If nominal GDP growth has accelerated permanently (assuming Y(N) ,is constant) ,
A) real GDP must keep growing until the growth rate of nominal GDP equals the inflation rate.
B) real GDP will increase by the same percentage that nominal GDP increased.
C) real GDP must keep growing until the rate of growth of real GDP equals the inflation rate.
D) the level of real GDP will be permanently increased.
Correct Answer:

Verified
Correct Answer:
Verified
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