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Title: If real GDP in 2006 using 2005 prices is higher than nominal GDP of 2006, then:
Post by: NYC on Jan 12, 2016
If real GDP in 2006 using 2005 prices is higher than nominal GDP of 2006, then:
A) prices in 2006 are higher than prices in 2005.
B) real GDP in 2006 is smaller than real GDP in 2005.
C) nominal GDP in 2006 equals nominal GDP in 2005.
D) prices in 2006 are lower than prices in the base year.


Title: Re: If real GDP in 2006 using 2005 prices is higher than nominal GDP of 2006, then:
Post by: Jesslyn on Jan 16, 2016
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Title: Re: If real GDP in 2006 using 2005 prices is higher than nominal GDP of 2006, then:
Post by: NYC on Jan 28, 2016
I was thinking the same, thank you