If Real GDP Rises and the GDP Price Index Has

question 30

Multiple Choice

If real GDP rises and the GDP price index has increased,

• A) the percentage increase in nominal GDP must have been less than the percentage increase in the price level.
• B) nominal GDP may have either increased or decreased.
• C) nominal GDP must have increased.
• D) nominal GDP must have fallen.

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Definitions:

Surgical Mask

A medical device worn over the mouth and nose to prevent the spread of infectious agents during surgical procedures and patient care.

Normal Flora

The collection of microorganisms including bacteria, viruses, and fungi that reside on or within the body but do not cause disease under normal circumstances.

Tapeworm

A parasitic flatworm, often ingested by humans or animals from infected food, leading to various health problems.

Staphylococcus Bacteria

A genus of gram-positive bacteria responsible for a variety of infections, including skin infections, pneumonia, and food poisoning.