Nominal GDP Will Always Equal Real GDP

question 69

Multiple Choice

Nominal GDP will always equal real GDP:

• A)​if prices are declining.
• B)​in the base year.
• C)​if prices are increasing.
• D)​if the economy's total production does not change.

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Definitions:

Stressor

Any event, situation, or stimulus that causes stress or strain, challenging an individual's ability to cope.

Objectives

Specific, measurable, achievable, relevant, and time-bound goals or targets that an individual, team, or organization aims to accomplish.

Organizational Citizenship Behavior

Discretionary and voluntary behavior that is not a part of the employee’s specific role requirements and is not formally rewarded.

Job Satisfaction

The level of contentment or happiness that individuals feel with their job or work environment, based on various factors like nature of work, compensation, and working conditions.