Nominal GDP Will Definitely Increase When

question 18

Multiple Choice

Nominal GDP will definitely increase when

• A)prices increase and output increases.
• B)prices increase and output decreases.
• C)prices decrease and output increases.
• D)All of the above are correct.

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Definitions:

Singlehood

The state of being unmarried or not involved in a romantic partnership, which may be a personal choice or circumstance.

Adult

A person who has reached a stage of maturity in which they have attained full physical development and are considered legally responsible for their actions.

Disadvantages

Aspects of a situation that make it more difficult to achieve success or that put one at a lesser position compared to others.

Gender Roles

Gender roles are societal norms dictating the types of behaviors that are considered acceptable, appropriate, or desirable for people based on their actual or perceived sex.