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Economics (AS & A Level) · Oct / Nov 2025 · Paper 13 · Question 18

9708Economic growth

Under which conditions will real Gross Domestic Product (GDP) grow the fastest?

  1. Anominal GDP 0, general price level −2
  2. Bnominal GDP 0, general price level +2
  3. Cnominal GDP +2, general price level −2
  4. Dnominal GDP +2, general price level +2

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Correct answer: C. nominal GDP +2, general price level −2

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