If Real GDP Rises and the GDP Price Index Has

question 30

Multiple Choice

If real GDP rises and the GDP price index has increased,

• A) the percentage increase in nominal GDP must have been less than the percentage increase in the price level.
• B) nominal GDP may have either increased or decreased.
• C) nominal GDP must have increased.
• D) nominal GDP must have fallen.

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Coordinating

The process of organizing activities and resources efficiently to achieve defined objectives, often involving aligning efforts across different teams or departments.

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