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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
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    If Real GDP in 2018 (Using 2009 Prices)is Lower Than
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If Real GDP in 2018 (Using 2009 Prices)is Lower Than

Question 179

Question 179

Multiple Choice

If real GDP in 2018 (using 2009 prices) is lower than nominal GDP of 2017,then


A) prices in 2018 are lower than prices in 2017.
B) nominal GDP in 2018 equals nominal GDP in 2017.
C) prices in 2018 are higher than prices in 2017.
D) real GDP in 2018 is larger than real GDP in 2017.

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