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Alek Hsiang Alek Hsiang
wrote...
Posts: 383
Rep: 1 0
4 years ago

Question 1.

For any year beyond the base year, nominal GDP must be greater than real GDP.



▸ true

▸ false

Question 2.

If the GDP deflator next year is greater than the GDP deflator this year, then the price level has fallen.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
Read 126 times
1 Reply
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Answer verified by a subject expert
cooldawg69cooldawg69
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Posts: 376
4 years ago
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Alek Hsiang Author
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4 years ago
Thank you, thank you, thank you!
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Yesterday
Brilliant
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2 hours ago
Just got PERFECT on my quiz
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