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An increase in the nominal GDP by 5% can correspond to a.a decrease of real GDP by 10% and an increase of prices by 5%.

An increase in the nominal GDP by 5% can correspond to

a.a decrease of real GDP by 10% and an increase of prices by 5%.

b.an increase of real GDP by 9% and an increase of prices by 4%.

c.an increase of real GDP by 4% and a decrease of prices by 1%.

d.a decrease in real GDP by 2% and an increase of prices by 3%.

e.a decrease of real GDP by 5% and an increase of prices by 10%.

Which of the following is NOT a leakage from the circular flow of income and expenditure

a.Imports

b.Public saving

c.Taxes net of government transfers

d.Private saving

e.Government purchases

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