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Author Question: Which of the following could cause nominal GDP to decrease, but real GDP to increase? A) The ... (Read 74 times)

vicky

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Which of the following could cause nominal GDP to decrease, but real GDP to increase?
 
  A) The price level rises and the quantity of final goods and services produced rises.
  B) The price level falls and the quantity of final goods and services produced falls.
  C) The price level rises and the quantity of final goods and services produced falls.
  D) The price level falls and the quantity of final goods and services produced rises.

Question 2

Which of the following would cause the short-run aggregate supply curve to shift to the right?
 
  A) an increase in the price level B) a technological advance
  C) a decrease in inflation expectations D) an increase in interest rates



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kristenb95

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Answer to Question 1

D

Answer to Question 2

B




vicky

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Reply 2 on: Jun 29, 2018
:D TYSM


tuate

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Reply 3 on: Yesterday
Excellent

 

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