If Nominal GDP Increases This Year,then Real GDP

question 38

Multiple Choice

If nominal GDP increases this year,then real GDP

• A)must decrease.
• B)must increase.
• C)must not change.
• D)could increase,decrease,or not change.
• E)could either increase or not change but cannot decrease.

---

Definitions:

Minimum Number

The smallest value in a set of numbers.

Comparisons

The process of evaluating two or more entities to determine their similarities or differences.

Sequential Search

A search algorithm that checks each element in a list one at a time until the desired element is found.

Key Comparisons

The process of comparing keys, which are identifiers, in algorithms or data structures to determine their relative order or equality.