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    Essentials of Economics Study Set 4
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    Exam 2: The US Economy
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    Nominal GDP Is Affected by Changes In
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Nominal GDP Is Affected by Changes In

Question 31

Question 31

Multiple Choice

Nominal GDP is affected by changes in:


A) Output only.
B) Output and prices.
C) Income transfers.
D) Prices only.

Correct Answer:

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