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QUESTION 6 Please select all that are true regarding economic growth measurement Economic growth is measured by the percent change in output Economic growth is
QUESTION 6 Please select all that are true regarding economic growth measurement Economic growth is measured by the percent change in output Economic growth is measured by the percent change in prices (inflation) Economic growth is measured by the percent change in consumer welfare Economic growth is measured by the percent change in unemployment QUESTION 7 How does the balance of payments stay in balance? Whatever goes out of a country should come back in Trade must be paid for somehow Relative prices or debt will change to eliminate imbalances The foreign exchange market stays in equilibrium All of these choices
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