Multiple Choice
Changes in nominal GDP
A) are due to changes in price only while changes in real GDP are attributed to movements in output and price.
B) are due to changes in output and price while changes in real GDP are attributed to movements in output only.
C) are due to changes in exchange rate while changes in real GDP are attributed to movements in price only.
D) and changes in real GDP are due to changes in output and price.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: Social Security payments to U.S. citizens are
Q64: Transfer payments are:<br>A) payments made to firms
Q65: Use the following to answer questions .<br>Exhibit:
Q66: Use the following to answer questions .<br>Exhibit:
Q67: Government purchases include:<br>A) purchases made by people
Q69: Suppose that in the country of Welworth,
Q70: Which of the following is an example
Q71: "Avatar," a movie released in 1998, was,
Q72: A country's exports minus its imports measures:<br>A)
Q73: GDP can be calculated by totaling either