Which Statement Is True

question 222

Multiple Choice

Which statement is true?

• A)Real GDP can never increase faster than GDP.
• B)Real GDP can increase faster than GDP if there is inflation.
• C)Real GDP can increase faster than GDP if there is deflation.
• D)None of the statements are true.

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Definitions:

Extrafamilial

Pertaining to influences, relationships, or activities that occur outside of the family environment.

Resilient

The ability of an individual to recover quickly from difficulties or adapt to challenging situations with flexibility.

Historical Factors

Elements or circumstances from the past that influence present conditions or situations.

Economic Factors

External elements that influence the performance of economies, including inflation rates, employment levels, and gross domestic product (GDP).