Nominal GDP Will Increase

question 90

Multiple Choice

Nominal GDP will increase

• A)only if the average level of prices rises.
• B)only if the quantity of goods and services produced increases.
• C)only if the unemployment rate rises.
• D)only if both the average level of prices rises and the quantity of goods and services produced increases.
• E)if either the average level of prices rises or the quantity of goods and services produced increases.

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