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In Polynomia, Real GDP Increased by 8% and the Population

Question 99

Multiple Choice

In Polynomia, real GDP increased by 8% and the population increased by 3% in 2016. In 2016, Polynomia experienced


A) economic growth, but not an increase in living standards.
B) economic growth and an increase in living standards.
C) no economic growth, but an increase in living standards.
D) an economic decline.

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