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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: A decrease in nominal gross domestic product necessarily entails a decrease in
Post by: Sublight2097 on Jun 20, 2015
A decrease in nominal gross domestic product necessarily entails a decrease in
A) both real output and the price level.
B) either real output or the price level (or both).
C) real output and employment.
D) the price level and employment.


Title: Re: A decrease in nominal gross domestic product necessarily entails a decrease in
Post by: Sydnie on Aug 6, 2015
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Title: Re: A decrease in nominal gross domestic product necessarily entails a decrease in
Post by: Sublight2097 on Aug 31, 2015
My mind was going in all different directions trying to figure this one out. Thanks so much.


Title: Re: A decrease in nominal gross domestic product necessarily entails a decrease in
Post by: Sydnie on Aug 31, 2015
I was confident with my answer, glad it was correct.

Oh, and thumbs-up are more than welcome :)