Question: Which statement ( s ) below is ( are ) TRUE? ( Choose one or more. ) A If real GDP grew slower than population,
Which statements below is are TRUE? Choose one or more.
A If real GDP grew slower than population, real GDP per person would fall.
B If population grew slower than real GDP real GDP per person would rise.
C If nominal GDP grew faster than real GDP the average level of prices would rise.
D If real GDP grew faster than nominal GDP the average level of prices would fall.
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