If prices are rising on average, then
A) real GDP will be less than nominal GDP in the years before the base year.
B) real GDP will be greater than nominal GDP in the years after the base year.
C) real GDP will always be equal to nominal GDP.
D) real GDP will be greater than nominal GDP in the years before the base year.
Question 2
By drawing a demand curve with ________ on the vertical axis and ________ on the horizontal axis, economists assume that the most important determinant of the demand for a good is the ________ of the good.
A) quantity; price; quantity B) quantity; price; price
C) price; quantity; price D) price; quantity; quantity
To examine a child’s ear, the pinna should be pulled back and up for children over 3 years; the pinn
How to find the average atomic mass of an element
Oil supply and prices affect the economies of nations
Coastal sensitivity to rising sea levels
Mount Pinatubo caused ~1˚C cooling for up to 5 years
Overallocation of Labor to Farming When Farmworkers Are Paid Their Average Product