Practice03

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Unformatted text preview: P increases by a smaller amount. . A country reported a nominal GDP of ported a GDP de ator of in and billion in and in . Between (a) real output and the price level both rose. (b) real output rose and the price level fell. (c) real output fell and the price level rose. (d) real output and the price level both fell. billion in and , . It also re- ( %): , . ( %) , AB , GDP ? ? A B A B A B . ( %) , , ( ) (a) ( %) GDP? (b) ( %) , , GDP? (c) ( %) . ( %) (a) ( %) (b) ( %) , , , GDP? (basket of goods) CPI ? GDP GDP ?...
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This document was uploaded on 03/21/2014.

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