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    Macroeconomics Study Set 29
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    Exam 7: Gdp and the Cpi: Tracking the Macroeconomy
  5. Question
    If Nominal GDP Decreases from One Year to the Next,_____
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If Nominal GDP Decreases from One Year to the Next,_____

Question 300

Question 300

Multiple Choice

If nominal GDP decreases from one year to the next,_____ must have fallen.


A) prices
B) real GDP
C) prices and real GDP
D) real GDP or prices or both

Correct Answer:

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