question archive Suppose an epidemic wipes out a quarter of the labor force in the country of Nova Land

Suppose an epidemic wipes out a quarter of the labor force in the country of Nova Land

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Suppose an epidemic wipes out a quarter of the labor force in the country of Nova Land. Then Real GDP (total output) in Nova Land decreases.* True False 3. If net exports is a negative number for a particular year, then the value of foreign goods purchased domestically exceeded the value of goods sold to foreigners during the year. * True False

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