In Comparing GDP Data Over a Period of Years a Difference

question 51

Multiple Choice

In comparing GDP data over a period of years a difference between nominal and real GDP may arise because:

• A)of changes in our trade deficits and surpluses.
• B)the length of the workweek has declined historically.
• C)the price level may change over time.
• D)depreciation may be greater or smaller than gross investment.

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