If Nominal GDP Growth Has Accelerated Permanently (Assuming Y(N),is Constant)

question 85

Multiple Choice

If nominal GDP growth has accelerated permanently (assuming Y(N) ,is constant) ,

• A)real GDP must keep growing until the growth rate of nominal GDP equals the inflation rate.
• B)real GDP will increase by the same percentage that nominal GDP increased.
• C)real GDP must keep growing until the rate of growth of real GDP equals the inflation rate.
• D)the level of real GDP will be permanently increased.

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