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If the Percent Change in the Price Level Is ________

Question 75

Multiple Choice

If the percent change in the price level is ________ than the percent change in ________ GDP, ________.


A) smaller; nominal; real GDP shrinks
B) greater; nominal; real GDP shrinks
C) greater; real; nominal GDP shrinks
D) greater; real; nominal GDP always stays the same
E) Not enough information is given.

Correct Answer:

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