This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If real GDP in 2016 using 2015 prices is higher than nominal GDP of 2016, then (Read 56 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Apr 19, 2019

Question 1

If real GDP in 2016 using 2015 prices is lower than nominal GDP of 2016, then


◦ prices in 2016 are lower than prices in 2015.
◦ nominal GDP in 2016 equals nominal GDP in 2015.
◦ prices in 2016 are higher than prices in 2015.
◦ real GDP in 2016 is larger than real GDP in 2015.

Question 2

If real GDP in 2016 using 2015 prices is higher than nominal GDP of 2016, then


◦ prices in 2016 are lower than prices in the base year.
◦ nominal GDP in 2016 equals nominal GDP in 2015.
◦ prices in 2016 are higher than prices in the base year.
◦ real GDP in 2016 is larger than real GDP in 2015.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by dollx on Apr 19, 2019

daiying98

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


dollx

  • Member
  • Posts: 558
Reply 2 on: Apr 19, 2019
Excellent

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Statistics Center (07/2016) Statistics Center (07/2016)
Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ... Correlations on tests for a number of cognitive abilities are higher for monozygotic twin pairs (who ...
When parents actively support higher education, their children achieve more in their future careers. When parents actively support higher education, their children achieve more in their future careers.
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
CJ 2015 CJ 2015
Higher-Order Conditioning Higher-Order Conditioning
Video: Wound Repair Animation

For a complete list of videos, visit our video library