If Nominal GDP in 2012 Exceeds Nominal GDP in 2011,which

question 122

Multiple Choice

If nominal GDP in 2012 exceeds nominal GDP in 2011,which of the following combinations of changes in the price level and production could not account for the difference?

• A)Higher price level,greater production
• B)Higher price level,less production
• C)Higher price level,same production
• D)Same price level,greater production
• E)Lower price level,less production

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Definitions:

Downstream Transfers

Transactions involving the transfer of goods or services from a parent company to a subsidiary or among subsidiaries.

Parent and Subsidiary

Describes the relationship between a controlling company (parent) and a controlled company (subsidiary), often through ownership of a significant portion of shares.

Intra-Entity Transfers

Transactions involving assets, services, or funds between divisions, departments, or units within the same organization or corporate group.

Component Companies

Individual companies or entities that are part of a larger corporate structure and contribute to the consolidated financial statements.