What is the relationship between real and nominal GDP?
a. real GDP = nominal GDP Price level
b. nominal GDP = Real GDP/Price level
c. real GDP = nominal GDP/Price level
d. real GDP = nominal GDP + Price level.
Question 2
For the period we are studying (17891860), the United States
(a) was a high tariff, protectionist nation.
(b) derived the vast majority of federal revenues from the tariff.
(c) was divided on the question of the tariff, with the South generally in opposition to it.
(d) was characterized by all of the above.
dinosaurs were real
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The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
The colinear relationship