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Question 33 0 out of 1 points If nominal GDP doubles and the GDP deflator doubles, then real GDP X Selected Answer: d. quadruples. Answers:
Question 33 0 out of 1 points If nominal GDP doubles and the GDP deflator doubles, then real GDP X Selected Answer: d. quadruples. Answers: a. remains constant. b. doubles. c. triples. d. quadruples.uestion 40 0 out of 1 points If nominal GDP is $8 trillion and real GDP is $10 trillion, then the GDP deflator is X Selected Answer: c. 125, and this indicates that the price level has increased by 25 percent since the base year. Answers: a. 80, and this indicates that the price level has decreased by 20 percent since the base year. b. 80, and this indicates that the price level has increased by 80 percent since the base year. c. 125, and this indicates that the price level has increased by 25 percent since the base year. d. 125, and this indicates that the price level has increased by 125 percent since the base year
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