Mathematics, 14.04.2020 03:28 merzedes
If nominal GDP increases from one year to the next by more than real GDP, which of the following must be true?
a. there is not enough information to tell what happened to prices or production
b. only prices increased
c. production increased and so did prices
d. only production increased
Answers: 3
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If nominal GDP increases from one year to the next by more than real GDP, which of the following mus...
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