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Question
Because of terrible winter storms, gross domestic product for the first quarter of the calendar year falls by 10 percent. As a result, gross domestic income
A) falls by less than 10 percent.
B) also falls by 10 percent because they always have to be equal.
C) falls by more than 10 percent because incomes always vary more than GDP.
D) would not change since the time span is less than a year.
Answer
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