When there is rapid inflation,

smitch6

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6 years ago

When there is rapid inflation,
A) growth in nominal GDP exceeds growth in real GDP.
B) growth in real GDP exceeds growth in nominal GDP.
C) growth in real GDP and nominal GDP are roughly equal.
D) there can never be any growth in nominal GDP.
E) government tries to increase growth in real GDP.

Textbook

Macroeconomics, Canadian Edition

Edition: 5^th

Author: Williamson

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Blade73

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More solutions for this book are available here

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smitch6 Author

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6 years ago

Thanks

jayfo05

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

bioc

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Thanks

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