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If real GDP decreases during a calendar year, while at the same time nominal GDP increases, then, holding other things constant (henceforth, ceteris paribus), it
If real GDP decreases during a calendar year, while at the same time nominal GDP increases, then, holding other things constant (henceforth, ceteris paribus), it follows that the economy is most likely __________. A. in a recession and experiencing real economic growth B. experiencing deflation and real economic growth C. experiencing inflation and real economic growth D. in a recession and experiencing inflation
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