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16 November, 07:36

Changes in nominal GDP over time ... Select one: a ... reflect changes in the quantity of goods and services produced, their prices, or both. b ... are not affected by inflation. c ... indicate the the economy is in a recession. d ... reflect changes in the quantities of good and services produced only.

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  1. 16 November, 07:42
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    A. reflect changes in the quantity of goods and services produced, their prices, or both

    Explanation:

    Changes in nominal GDP reflect both changes in quantities and changes in prices.
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