An Increase in Nominal GDP (With Inflexible Prices) Results In

question 94

Multiple Choice

An increase in nominal GDP (with inflexible prices) results in:

• A) an increase in the nominal rate of interest.
• B) an increase in the U.S. dollar exchange rate.
• C) a decrease in the nominal rate of interest.
• D) increased price and wage flexibility.

---

Definitions:

Online Transaction

A financial or non-financial exchange carried out through the internet between two or more parties.