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If the nominal GDP rises by 6 percent and the real GDP rises by 3 percent, then the price level ________ by ________ percent. a.There
If the nominal GDP rises by 6 percent and the real GDP rises by 3 percent, then the price level ________ by ________ percent.
a.There is no change in inflation
.b.falls;9
c.falls; 3
d.rises; 3
e.rises; 9
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Financial Accounting
Authors: C Thomas,
12th Edition
007760086X, 9780077600860
