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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: Which of the following could cause nominal GDP to decrease, but real GDP to increase?
Post by: Tidy on Jun 21, 2015
Which of the following could cause nominal GDP to decrease, but real GDP to increase?
A) The price level rises and the quantity of final goods and services produced rises.
B) The price level falls and the quantity of final goods and services produced rises.
C) The price level rises and the quantity of final goods and services produced falls.
D) The price level falls and the quantity of final goods and services produced falls.


Title: Re: Which of the following could cause nominal GDP to decrease, but real GDP to increase?
Post by: Chimelo46 on Jul 17, 2015
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Title: Re: Which of the following could cause nominal GDP to decrease, but real GDP to increase?
Post by: Chimelo46 on Aug 31, 2015
Happy to assist!