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D Question 14 0.4 pts 1. If nominal GDP fell by 8% and the general price level fell by 3%, then what would be the

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D Question 14 0.4 pts 1. If nominal GDP fell by 8% and the general price level fell by 3%, then what would be the change in real GDP? 2. What scenario would this be? Boom, Bust, Stagflation or Supply side economic expansion? Why? 3. Which curve would shift predominantly, the aggregate demand curve or the aggregate supply curve and in which direction

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