Top Posters
Since Sunday
4
n
3
j
3
o
2
x
2
c
2
2
p
2
n
2
3
2
C
2
z
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
sgy_89 sgy_89
wrote...
Go to Answer
Posts: 677
Rep: 0 0
6 years ago
If the value of nominal or money GDP was higher in 2000 than in 2002, and the price index (2000 = 100) was higher in 2002 than in 2000, then
A) real GDP must have increased from 2000 to 2002.
B) real GDP must have declined from 2000 to 2002.
C) we cannot say whether real GDP increased or decreased from 2000 to 2002.
D) consumers were clearly better off in 2002 than they were in 2000.
E) inflation must have exceeded 50 percent between 2000 and 2002.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
Read 90 times
1 Reply
Replies
Answer verified by a subject expert
VilaVila
wrote...
#1
Top Poster
Posts: 684
Rep: 8 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

sgy_89 Author
wrote...

6 years ago
This site is awesome
choih94
wrote...

Yesterday
Brilliant ツ
rileyjones420
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  971 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 84
  
 334
  
 137
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?