If Real GDP Increased by 2% and Nominal GDP Increased

question 12

Multiple Choice

If real GDP increased by 2% and nominal GDP increased by 1%, then output:

• A)​increased and the price level increased.
• B)​increased and the price level decreased.
• C)​decreased and the price level increased.
• D)​decreased and the price level decreased.

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Definitions:

Chemorepulsive Molecules

Chemical factors that repel growing axons or migrating cells, guiding them to their appropriate locations during neural development.

Netrins

A family of proteins involved in the guidance of neural development and the growth of neurons in the brain and spinal cord.

Semaphorins

Class of chemorepulsive molecules that deflect axons from inappropriate regions.

Rett Syndrome

A rare genetic neurological disorder that primarily affects females, characterized by slow growth, intellectual disability, and motor skill problems.