If Nominal GDP Rises We Can Say That

question 54

Multiple Choice

If nominal GDP rises we can say that

• A)production has risen and prices remain constant.
• B)prices have risen and production remains constant.
• C)production has risen or prices have risen or both have risen.
• D)production has fallen and prices have risen.

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Definitions:

Similarity Breeds Liking

A principle suggesting that people tend to form relationships and have more positive feelings towards individuals who are similar to them in terms of beliefs, values, and interests.

Relationships

Pertains to the way in which two or more concepts, objects, or people are connected, or the state of being connected.

Discrimination

Involves the unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.

Hatfield and Berscheid

Psychologists known for their research in the area of interpersonal attraction and love.