If Nominal GDP Increases This Year,then Real GDP

question 38

Multiple Choice

If nominal GDP increases this year,then real GDP

• A)must decrease.
• B)must increase.
• C)must not change.
• D)could increase,decrease,or not change.
• E)could either increase or not change but cannot decrease.

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Definitions:

Fallacy

A flaw in reasoning or a mistaken belief based on unsound argumentation.

Experts

Individuals who have extensive knowledge or proficiency in a specific field.

Appeal To Force

A logical fallacy that uses the threat of force or intimidation to convince others to accept a conclusion.

Fallacy

A misleading or flawed argument that makes an error in reasoning.