If Nominal GDP of 2012 Was Higher Than Nominal GDP

question 261

Multiple Choice

If nominal GDP of 2012 was higher than nominal GDP of 2011:

• A)production in 2012 was higher than production in 2011, while prices remained unchanged.
• B)production or prices or both were higher in 2012 than in 2011.
• C)prices in 2012 were higher than prices in 2011, while production remained unchanged.
• D)production in 2012 went down and prices increased.

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Definitions:

Conglomerate Merger

A merger between companies operating in unrelated business activities, aiming to diversify business operations and investments.

Unrelated Industries

Industries that have no direct business connection or overlap with each other.

Strategic Mergers

The process of combining two or more companies into one, with the aim of achieving strategic objectives such as market expansion, diversification, or efficiency gains.

Financial Markets

Markets in which financial assets are traded—for example, the stock market.