Multiple Choice
If nominal GDP increases from one year to the next, _____ must have risen.
A) prices
B) real GDP
C) prices and real GDP
D) output or prices or both
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Use the following to answer questions :<br>Figure:
Q4: Assume that the consumer price index for
Q5: Households supply goods and services in the
Q6: Use the following to answer questions :<br>Table:
Q7: Flows into financial markets are equal to
Q9: GDP calculated via factor payments includes:<br>A)wages, interest
Q10: Income tax brackets are indexed to the
Q11: Use the following to answer questions :<br>Figure:
Q13: Which one of the following is an
Q173: Suppose that Mr. Green Jeans sells $5,000