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Economics (AS & A Level) · May / June 2025 · Paper 11 · Question 16

9708Economic growth

Which statement correctly describes an increase in real GDP?

  1. ANominal GDP rising faster than nominal income.
  2. BNominal GDP rising faster than the rate of inflation.
  3. CThe rate of inflation rising faster than aggregate demand.
  4. DThe rate of inflation rising faster than nominal income.

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Correct answer: B. Nominal GDP rising faster than the rate of inflation.

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