Solved

Real GDP Will Increase

Question 52

Multiple Choice

Real GDP will increase

A) only when prices increase.
B) only when output increases.
C) when prices increase or output increases.
D) All of the above are correct.

Related Questions

Q43: Suppose an economy produces only burgers and

Q44: The GDP deflator for years subsequent to

Q45: Which of the following statements about recessions

Q46: Suppose an economy produces only cranberries and

Q48: A country reported nominal GDP of $100

Q49: Which of the following is always measured

Q50: Which of the following always uses prices

Q51: In the base year,the GDP deflator is

Q123: When economists talk about growth in the

Q216: If real GDP doubles and the GDP