Which of the Following Could Cause Nominal GDP to Decrease

question 79

Multiple Choice

Which of the following could cause nominal GDP to decrease next year,but real GDP to increase?

• A)The price level rises and the quantity of final goods and services produced rises.
• B)The price level falls and the quantity of final goods and services produced rises.
• C)The price level rises and the quantity of final goods and services produced falls.
• D)The price level falls and the quantity of final goods and services produced falls.

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Definitions:

Childhood Experiences

Events and influences that occur during childhood, significantly shaping an individual's personality, behavior, and life choices.

Operant Conditioning

A method of learning that involves rewards and punishments for behavior, which influences the likelihood of that behavior's occurrence.

Positive Reinforcement

A method in behaviorism used to increase the likelihood of a desired behavior by following it with the addition of a positive stimulus.

Outspoken

Someone characterized by the willingness to express opinions and thoughts openly and without reservation.