MCQOPTIONS
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| 1. |
If nominal GDP in 2005 exceeds nominal GDP in 2004, then the production of output ? |
| A. | must have fallen |
| B. | must have risen |
| C. | must have stayed the same |
| D. | may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output |
| Answer» E. | |