If nominal GDP in 2008 is greater than nominal GDP in 2006,the economy's real output of goods and services must have risen.
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Q6: Gross domestic product is the value of
Q7: Real GDP per capita increases if the
Q8: The expenditure category of GDP that fluctuates
Q13: A price index creates a measure of
Q14: Included in the investment category of GDP
Q16: Under the expenditure approach to GDP accounting,
Q19: Inflation that causes an increase in the
Q20: The expenditure approach to measuring GDP involves
Q21: The CPI measures the average level of
Q111: The formula for calculating real GDP =
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