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Economics 10th Edition by William McEachern
النسخة 10الرقم المعياري الدولي: 978-1133188124Economics 10th Edition by William McEachern
النسخة 10الرقم المعياري الدولي: 978-1133188124 تمرين 11
NOMINAL GDP Which of the following is a necessary condition-something that must occur-for nominal GDP to rise? Explain your answers.
a. Actual production must increase.
b. The price level must increase.
c. Real GDP must increase.
d. Either the price level or real GDP must increase as long as the other does not decrease.
e. Either the price level or real GDP must increase.
a. Actual production must increase.
b. The price level must increase.
c. Real GDP must increase.
d. Either the price level or real GDP must increase as long as the other does not decrease.
e. Either the price level or real GDP must increase.
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Nominal GDP
Nominal GDP is the market v...
Economics 10th Edition by William McEachern
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