If Nominal GDP of a Country Increased and Real GDP

question 59

Multiple Choice

If nominal GDP of a country increased and real GDP remained unchanged in a particular year, which of the following is most likely to have taken place?

• A)Output increased and the price level increased.
• B)Output increased and the price level decreased.
• C)Output remained contant and the price level increased.
• D)Output decreased and the price level decreased.
• E)Output increased and the price level remained constant.