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Nominal GDP has gone up by 2% although there is no change in the output produced in that year. Why? Question 46 options: The standard
Nominal GDP has gone up by 2% although there is no change in the output produced in that year. Why? Question 46 options: The standard of living has gone up by 2% There was 2% inflation There was 2% population growth Real GDP has gone up by 2%
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