What Would Be the Cause of a 2% Increase in Nominal

question 132

Multiple Choice

What would be the cause of a 2% increase in nominal GDP?

• A) a 1% increase in prices of and a 3% decrease in output
• B) a 1% decrease in prices and a 1% increase in output
• C) a 1% increase in prices and a 1% increase in output
• D) a 3% increase in prices and a 1% increase in output

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Definitions:

Orbicularis Oculi

A circular muscle that surrounds the eye socket and allows for the closing of the eyelids.

Levator Palpebrae Superioris

A muscle in the orbit of the eye responsible for raising the upper eyelid, enabling the eye to open.

Eyelid

Movable fold of skin in front of the eyeball; also called palpebra.

Inferior Rectus

A muscle in the eye that contributes to downward gaze or moving the eye downward.