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Nominal GDP =________ Where the Price Level Is the ________

Question 53

Multiple Choice

Nominal GDP =________ where the price level is the ________.


A) Price level ÷ Real GDP;GDP deflator
B) Price level × Real GDP;CPI
C) Price level ÷ Real GDP;CPI
D) Price level × Real GDP;GDP deflator
E) none of the above

Correct Answer:

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