Of the Following,which Is Correct

question 266

Multiple Choice

Of the following,which is correct?

• A) Nominal GDP does not change when the production of goods and services increases.
• B) Nominal GDP is not affected by changes in prices of goods and services.
• C) Nominal GDP increases when the prices of goods and services increase.
• D) Real GDP changes only when the prices of goods and services really change.

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Definitions:

Self-Managed Team

A group in which members collaboratively oversee their work and the functioning of the team, without relying on external supervision.

Task Performance

The execution and completion of specific duties or work assignments by an individual or team.

Cross-Functional

Involvement or cooperation among different departments or areas of expertise within an organization to achieve a common goal.

Membership Stability

The consistency or minimal turnover in the members of a group or organization over time.