In years with inflation, nominal GDP increases _________real GDP.
A) at the same rate as
B) faster than
C) slower than
D) sometimes faster, sometimes slower, and sometimes at the same rate as
Correct Answer:
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Q176: Q177: An indirect tax is exemplified by Q178: Real GDP is Q179: The sum of compensation to employees, rental Q180: An indirect tax is a tax paid Q182: The relationship between real GDP and potential Q183: Potential GDP Q184: The maximum amount of production that can Q185: A business cycle is Q186: Real Gross Domestic Product is
A) a
A) the value of total
A) is cyclical.
B) measures the maximum
A) the increase in
A) the most
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