If Prices Have Increased Since the Base Period, Then

question 77

Multiple Choice

If prices have increased since the base period, then

• A)real GDP is equal to nominal GDP.
• B)real GDP is larger than nominal GDP.
• C)real GDP can no longer be compared to nominal GDP.
• D)real GDP is smaller than nominal GDP.
• E)there is no way to adjust nominal GDP so that it equals real GDP.

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