The GDP price index can be interpreted as A) (nominal GDP - ...

[Pineappleeh]

The GDP price index can be interpreted as
 
  A) (nominal GDP - real GDP)  100.
  B) (real GDP  nominal GDP)  100.
  C) (real GDP - nominal GDP)  100.
  D) (nominal GDP + real GDP)  100.
  E) (nominal GDP  real GDP)  100.

Question 2

An open market sale by the Fed
 
  A) decreases the money supply and increases output.
  B) increases the money supply and decreases output.
  C) decreases the money supply and decreases output.
  D) increases the money supply and increases output.

[TDubDCFL]

Answer to Question 1

E

Answer to Question 2

C

[Pineappleeh]

Thank you

[TDubDCFL]

Happy to help you