Which of the Following Is a True Statement About Real

question 214

Multiple Choice

Which of the following is a true statement about real and nominal GDP?

• A)If nominal GDP increases from one year to the next,we know that production of goods and services has risen.
• B)Nominal GDP is a better measure than real GDP in comparing changes in the production of goods and service year after year.
• C)Increases in average prices do not affect the calculation of nominal GDP.
• D)If real GDP increases from one year to the next,we know that production of goods and services has risen.

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Definitions:

LDL Cholesterol

Low-density lipoprotein cholesterol, often referred to as "bad" cholesterol, associated with an increased risk of heart disease.

Triglycerides

A type of fat found in the blood, used by the body for energy, and considered important for health, yet high levels can increase the risk of heart disease.

Blood Sugar

The concentration of glucose present in the blood, crucial for energy production in the body.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured for diagnosis since it is related to the force and rate of the heartbeat and the diameter and elasticity of the arterial walls.