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The gross domestic product of a country is the total production of goods and services in an economy over a period of time. The components of GDP are consumption, investment, government spending and net exports.
If there is a ‘fall in gross domestic product’, which of the following variables in the economy will ‘rise’, ‘fall’ or
‘not be affected’?????(a) The rate of inflation
(b) ????The level of cyclical unemployment
????(c) The level of structural unemployment
????(d) The surplus on the government budget
(e) ????The deficit on the current account of the balance of
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