Solved

Nominal Gross Domestic Product

Question 111

Multiple Choice

Nominal gross domestic product


A) is not affected by the level of inflation.
B) changes only when there is a change in output.
C) changes only when there is a change in the price level.
D) can change when there is a change in either output or the price level.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions