menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 25
  4. Exam
    Exam 8: GDP: Measuring Total Production and Income
  5. Question
    If Real GDP in 2013 (Using 2009 Prices)is Lower Than
Solved

If Real GDP in 2013 (Using 2009 Prices)is Lower Than

Question 252

Question 252

Multiple Choice

If real GDP in 2013 (using 2009 prices) is lower than nominal GDP of 2012,then


A) prices in 2013 are lower than prices in 2012.
B) nominal GDP in 2013 equals nominal GDP in 2012.
C) prices in 2013 are higher than prices in 2012.
D) real GDP in 2013 is larger than real GDP in 2012.

Correct Answer:

verifed

Verified

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

Related Questions

Q62: GDP is not a perfect measure of

Q77: For developed countries like the United States,GDP

Q86: Nominal GDP is GDP in a given

Q143: When the BEA calculates real GDP using

Q146: Gross national product (GNP)of the United States

Q193: Table 8-27<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4191/.jpg" alt="Table 8-27

Q203: A country in which a significant fraction

Q249: Table 8-19<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4189/.jpg" alt="Table 8-19

Q250: The GDP deflator is a measure of

Q256: Table 8-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4189/.jpg" alt="Table 8-9

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines