Changes in Nominal GDP

question 68

Multiple Choice

Changes in nominal GDP

• A) are due to changes in price only while changes in real GDP are attributed to movements in output and price.
• B) are due to changes in output and price while changes in real GDP are attributed to movements in output only.
• C) are due to changes in exchange rate while changes in real GDP are attributed to movements in price only.
• D) and changes in real GDP are due to changes in output and price.

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