Nominal GDP Will Increase

question 230

Multiple Choice

Nominal GDP will increase

• A)only if the price level rises.
• B)only if the price level falls.
• C)only if the quantity of final goods and services produced rises.
• D)if either the price level or the quantity of goods and services produced rises.
• E)only if real GDP rises.

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Definitions:

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Labyrinth

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The extent to which a leader is able to achieve desired results, objectives, or influence over others.