Question: How did the COVID - 1 9 pandemic affect nominal GDP growth in the United States in 2 0 2 0 , and what was
How did the COVID pandemic affect nominal GDP growth in the United States in and what was the initial reaction in the stock market?
It led to a decline in nominal GDP growth of and the stock market initially declined significantly before recovering.
It increased nominal GDP growth by and the stock market increased significantly on the news.
It caused no significant change in nominal GDP growth and the stock market was unaffected.
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