The Fact That Nominal GDP Has Risen Faster Than Real

question 238

Multiple Choice

The fact that nominal GDP has risen faster than real GDP

• A) suggests that the base year of the GDP price index has been shifted.
• B) tells us nothing about what has happened to the price level.
• C) suggests that the general price level has fallen.
• D) suggests that the general price level has risen.

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Definitions:

Cross-dressing

The act of wearing clothes traditionally worn by the opposite sex, often for personal, entertainment, or expression purposes.

Transgender Group

A community or collective of individuals whose gender identity differs from the sex they were assigned at birth.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond to their sex assigned at birth.

Sexual Double Standard

The societal norm that encourages or permits sexual behaviors in one gender but discourages or forbids them in another.