Assuming the Price Level Increased, Real Gross Domestic Product (GDP)

Multiple Choice

Assuming the price level increased, real gross domestic product (GDP) is greater than nominal GDP if the current period is _____the base period, and real GDP is less than nominal GDP if the current year is ______the base period.

A) before; before
B) before; after
C) after; after
D) Equal to; the same as
E) after; before