If Nominal GDP Rises

question 96

Multiple Choice

If nominal GDP rises,

• A) real GDP may either rise or fall.
• B) we can be certain that the price level has risen.
• C) real GDP must fall.
• D) real GDP must also rise.

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Definitions:

Number Filters

Features in data analysis and spreadsheet software that allow users to filter data sets based on numerical criteria, such as greater than, less than, or within a specific range.

VLOOKUP

A function in spreadsheet applications that searches for a value in the first column of a table array and returns a value in the same row from a specified column.

HLOOKUP

A function in spreadsheet software that searches for a value in the top row of a table or range and returns a value in the same column from a specified row.

INDEX

A function in programming and spreadsheet software that returns the value of an element in a table or array, identified by row and column numbers.