B goods and services in each year multiplied by each year s price index the...
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B goods and services in each year multiplied by each year s price index the output of goods and services in each year multiplied by the prices in the base year the output of goods and services in each year multiplied by each year s prices nominal GDP multiplied by the price index Question 42 2 points Saved 4 Listen If your nominal income has gone up 5 and inflation has simultaneously increased by 6 what would happen to your real income decreased by 1 O decreased by 11 increased by 1
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