A Country Reported a Nominal GDP of $85 Billion in 2010

question 10

Multiple Choice

A country reported a nominal GDP of $85 billion in 2010 and $100 billion in 2009.It also reported a GDP deflator of 100 in 2010 and 105 in 2009.Between 2009 and 2010,

• A)real output and the price level both rose.
• B)real output rose and the price level fell.
• C)real output fell and the price level rose.
• D)real output and the price level both fell.

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Definitions:

Linkage

Refers to the connection between atoms or the arrangement of atoms within molecules; it can also pertain to the genetic association between alleles at different loci.

DNA

Deoxyribonucleic acid, a molecule containing the genetic instructions used in the development and functioning of all known living organisms and many viruses.

Expected Product

The chemical compound that is anticipated to be formed in a chemical reaction based on the reactants and conditions.

Reaction

A process in which substances interact to form one or more new substances, often involving changes in chemical composition and properties.