If the Prices of All Goods and Services Produced in the Economy

question 15

Multiple Choice

If the prices of all goods and services produced in the economy rose while the quantity of all goods and services stayed the same,which would rise?

• A)both real GDP and nominal GDP.
• B)real GDP but not nominal GDP.
• C)nominal GDP but not real GDP.
• D)neither nominal GDP nor real GDP.

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Definitions:

LDL Levels

Low-density lipoprotein levels, often referred to as "bad" cholesterol, indicative of the amount of cholesterol in the blood that can lead to plaque buildup in arteries.

Protein Metabolism

The process by which proteins are synthesized and broken down into amino acids in the body, involving digestion, absorption, and assimilation of proteins.

Liver

A large, vital organ in vertebrates responsible for detoxification, metabolism, and synthesis of various proteins.

Chemical Digestion

The process through which complex food molecules are broken down into simpler ones by enzymatic actions, making nutrients available for absorption.