An increase in real GDP from 2002 to 2006 necessarily indicates that
A) people are better off in 2002 than they were in 2006.
B) people are happier in 2006 than they were in 2002.
C) prices increased between 2002 and 2006.
D) quantities of goods and services produced increased between 2002 and 2006.
Correct Answer:
Verified
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