Suppose, in Dollar Terms, Nominal GDP Increased Approximately 4 Percent

question 144

Multiple Choice

Suppose, in dollar terms, nominal GDP increased approximately 4 percent during a given year, and real GDP decreased 1 percent. Which of the following best explains these events?

• A) The money supply increased approximately 4 percent.
• B) Prices decreased approximately 3 percent.
• C) Prices increased approximately 4 percent.
• D) Prices increased approximately 5 percent.

---

Definitions:

Nutritional Status

The condition of an individual's health as influenced by the intake and utilization of nutrients.

Prealbumin

A protein found in the blood that is used as a marker for nutritional status and to evaluate the effectiveness of nutrition interventions.

Albumin

A protein found in blood plasma that helps maintain osmotic pressure and transport substances throughout the body.

Noncaffeinated Fluid

Beverages or liquids that do not contain caffeine, often recommended for hydration without the stimulating effects of caffeine.