Real gdp will
Real GDP will increase
a. only when prices increase.
b. only when output increases.
c. when prices increase or output increases.
d. All of the above are correct.
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jacob viner originally envisioned a situation where in the demandsupply graph of a trade-diverting customs union the
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real gdp will increasea only when prices increaseb only when output increasesc when prices increase or output
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