If nominal GDP increases from one year to the next, then

A) production must have increased.
B) production could have increased, decreased, or stayed the same.
C) prices must have increased.
D) prices and production must both have increased.
E) prices and production must both have decreased.


B

Economics

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M1 differs from M2 in that:

A. M2 includes savings deposits, small-denomination time deposits, and money market mutual funds that are not included in M1. B. M1 includes currency and balances held in checking accounts, which are not included in M2. C. the assets in M2 are more liquid than the assets in M1. D. M1 is a broader measure of the money supply than M2.

Economics

Foreign direct investment implies that the investor obtains ________ share in a foreign company's ownershi

A) less than 10 percent B) less than 1 percent C) less than 5 percent D) none of the above

Economics

According to some economists, firms in some industries gain a performance advantage by: a. dumping

b. charging a zero price for products. c. clustering. d. reducing R&D spending. e. increasing labor wage.

Economics

The term "final goods and services" refers to

What will be an ideal response?

Economics