If you learn that nominal GDP for 2011 is greater than nominal GDP for 2010, what do

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If you learn that nominal GDP for 2011 is greater than nominal GDP for 2010, what do you know about changes in the level of output during this period? Changes in prices during this period? Would your answer change if real GDP had increased in 2011?

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:05 AM

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If you learn that nominal GDP for 2011 is greater than nominal GDP for 2010, what do

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Many alternative combinations of changes in prices and output c...View the full answer

Macroeconomics

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