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Economic Growth Equals the Percentage Change in Nominal Gross Domestic

Question 39

Multiple Choice

Economic growth equals the percentage change in nominal gross domestic product (GDP) minus the:


A) percentage change in prices and the rate of population growth.
B) percentage change in prices.
C) rate of population growth.
D) percentage change in prices and the federal budget deficit.
E) rate of population growth and the percentage change in investment.

Correct Answer:

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