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Title: If real GDP in 2006 using 2005 prices is equal to the nominal GDP of 2006, then:
Post by: NYC on Jan 12, 2016
If real GDP in 2006 using 2005 prices is equal to the nominal GDP of 2006, then:
A) real GDP in 2006 is larger than real GDP in 2005.
B) prices in 2006 are higher than prices in the base year.
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 equal to the 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 equal to the nominal GDP of 2006, then:
Post by: NYC on Jan 28, 2016
Perfect answer, thank you