Solved

If Prices Are Rising on Average, Then Real GDP Will

Question 95

Multiple Choice

If prices are rising on average, then real GDP will:


A) always be equal to nominal GDP.
B) be greater than nominal GDP in the years after the base year.
C) be less than nominal GDP in the years before the base year.
D) be greater than nominal GDP in the years before the base year.

Correct Answer:

verifed

Verified

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

Related Questions