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If Real GDP Is Greater Than Nominal GDP Then the GDP

Question 235

Multiple Choice

If real GDP is greater than nominal GDP then the GDP price index


A) is greater than 100.
B) is less than 100.
C) is equal to 100.
D) is either equal to or greater than 100.
E) None of the above answers is correct because we need to choose a new base year.

Correct Answer:

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