If Nominal GDP Rises from $5 Billion to $6 Billion

question 57

Multiple Choice

If nominal GDP rises from $5 billion to $6 billion, when the GDP deflator goes from 100 to 130, real GDP

• A)​rises.
• B)​falls.
• C)​stays the same.
• D)​could either be rising or falling.

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Definitions:

Gender

The social, cultural, and psychological traits typically associated with one's sex, encompassing a range of identities that may not necessarily align with biological sex.

Nonanatomical Factors

Elements influencing medical treatment or physical health that are not related to the body's structure, such as psychological or environmental aspects.

Identify

The action of establishing or determining who or what someone or something is.

Transvestic

refers to the practice of dressing in clothes typically worn by the opposite sex, often for sexual gratification.