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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
Real GDP can increase if the
i.   quantities of goods and services produced decrease and prices fall by a smaller percentage.
ii.   quantities of goods and services produced decrease and prices fall by a larger percentage.
iii.   quantities of goods and services produced decrease and prices do not change.
iv.   quantities of goods and services produced increase.
A) i only
B) iii only
C) iv only
D) i and iii
E) i, ii, and iii
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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Chimelo46Chimelo46
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8 years ago
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8 years ago
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