Which of the Following Could Cause Nominal GDP to Decrease

question 79

Multiple Choice

Which of the following could cause nominal GDP to decrease next year,but real GDP to increase?

• A)The price level rises and the quantity of final goods and services produced rises.
• B)The price level falls and the quantity of final goods and services produced rises.
• C)The price level rises and the quantity of final goods and services produced falls.
• D)The price level falls and the quantity of final goods and services produced falls.

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Definitions:

Earliest Due Date

A scheduling strategy that prioritizes tasks based on the earliest deadline.

EDD

EDD stands for "Earliest Due Date," a priority rule used in scheduling to prioritize jobs with the earliest due dates first.

Designation

The act of assigning a name, title, or classification to something.

Actual Input

The real, measured input into a process, system, or activity, as opposed to theoretical or estimated input.