Exam Question
Real GNP increases–
- 1. When there is an increase in the price level
- 2. When there is an increase in the output of goods and services
- 3. When there is an increase in the price level and/or the output of goods and services
- 4. None of the above
View Answer
Answer 2. When there is an increase in the output of goods and services
Practice set and Exam Quiz
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