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Business, 10.01.2020 02:31 lyn36

Holding all else constant a country's standard of living will decline if it's: a. the rate of population growth is less than the rate of growth of real gdp. b. nominal gdp grows at a faster rate than real gdp. c. nominal gdp grows at a slower rate than real gdp. d. the rate of population growth exceeds the rate of growth of real gdp.

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