Post by matthew on Jul 5, 2012 13:28:23 GMT 1
If the real GDP is $3,000, and the nominal GDP is $3,300, then the GDP price index is:
a. 90.9
b. 105
c. 110
d. 115.9
e. 120
43. If nominal GDP increases by 3 percent from 2004 to 2005 and real GDP increases by 5 percent from 2004 to 2005, this indicates that
a. depreciation occurred
b. taxes increased
c. the inflation rate decreased
d. the price level decreased
e. output decreased
thankss its my last two questions
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