If Real GDP Falls While Nominal GDP Rises, Then Prices

question 27

Multiple Choice

If real GDP falls while nominal GDP rises, then prices on average have:

• A) risen.
• B) fallen.
• C) stayed the same.
• D) Real GDP cannot rise when nominal GDP falls.

---

Definitions:

Questionnaires

A research instrument consisting of a series of questions for the purpose of gathering information from respondents.

Interviews

A structured conversation where one party asks questions, and the other provides answers, often used for research or employment selection purposes.

Representative Sample

A subset of a population that accurately reflects the members of the entire population, used in statistics and research to draw conclusions about the whole group.

Ethical Guidelines

Principles designed to guide behaviors and decision-making processes that respect the rights and dignity of all individuals involved in a particular context.