If Real Gross Domestic Product (GDP)equals Nominal GDP,then

question 82

Multiple Choice

If real gross domestic product (GDP) equals nominal GDP,then

• A) output did not grow.
• B) there was no inflation.
• C) the current year is the base year.
• D) the growth in output was equal to the growth in the price level.
• E) the growth in output was greater than the growth in the price level.

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