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.

---

Definitions:

Proton

A subatomic particle found in the nucleus of an atom, carrying a positive electrical charge.

Atom

The smallest part of an element that contains all the properties of that element.

Current Flows

Current flows refer to the movement of electric charge carriers, such as electrons, through a conductor or circuit, driven by a voltage difference.

Direction

In electrical and electronic contexts, direction can refer to the path in which current flows or the orientation of a magnetic or electric field.