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An Increase in Nominal GDP Could Result from an Increase

question 47

Multiple Choice

An increase in nominal GDP could result from an increase in i. production.
Ii) prices.
Iii) taxes and subsidies.


Definitions:

Hallucinogens

Drugs that powerfully change perception and can trigger sensory experiences in the absence of any inputs.

Stimulants

Substances that increase physiological or nervous activity in the body, often used to enhance alertness, attention, and energy.

Depressants

Drugs that diminish activity levels in the nervous system.

Nose Drops

A liquid medication intended for administration in the nose to alleviate symptoms such as nasal congestion.

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