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Economics · Oct / Nov 2024 · Paper 12 · Question 17

2281Economic growth

What will cause real GDP to rise in a country?

  1. Anominal GDP rising at a faster rate than employment
  2. Bnominal GDP rising faster than inflation
  3. Cnominal GDP rising faster than the population
  4. Dnominal GDP rising

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Correct answer: B. nominal GDP rising faster than inflation

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