Nominal GDP Can Change

question 71

Multiple Choice

Nominal GDP can change

• A)only if prices and the quantities of the goods and services change.
• B)only if prices increase.
• C)only if prices change.
• D)only if the quantities of goods and services change.
• E)if either prices or the quantities of goods and services change.

---

Definitions:

Political Communications

The practice and study of how information and messaging are used in political contexts to influence public opinion and decision-making.

Graduate School

An institution of higher education offering advanced degrees beyond the undergraduate level, such as master's and doctoral degrees.

Communications Spending

The allocation of resources towards various communication channels and tactics, including advertising, public relations, and digital marketing, to achieve organizational goals.

Partisan Politics

Political actions or decisions that are strongly influenced by allegiance to a particular political party or ideology, often leading to division.