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Historically,real GDP Has Risen Less Rapidly Than Nominal GDP Because

Question 119

Multiple Choice

Historically,real GDP has risen less rapidly than nominal GDP because


A) exports to foreign nations have risen more rapidly than imports.
B) the general price level has fallen.
C) technological progress has resulted in more efficient production.
D) the general price level has risen.
E) price indices have not reflected improvements in product quality.

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