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Which statement takes place in a Static economy? 1) nominal GDP, but not necessarily real GDP is rising 2) net exports is a positive amount
Which statement takes place in a Static economy?
1) nominal GDP, but not necessarily real GDP is rising
2) net exports is a positive amount
3) gross domestic private investment equals depreciation
4) gross domestic private investment is exceeded by depreciation produced in a given year
5) real GDP falls
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