Consider the Following Data That Gives the Quantity Produced and Unit

Multiple Choice

Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the next five questions: Assume that the base year is 2012.

-Assuming the price level increased,real GDP is greater than nominal GDP if the current year is ________ the base year,and real GDP is less than nominal GDP if the current year is ________ the base year.

A) before; before
B) before; after
C) after; after
D) after; before
E) equal to; equal to