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Author Question: If real GDP in 2016 using 2015 prices is higher than nominal GDP of 2016, then (Read 54 times)

dollx

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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
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Marked as best answer by dollx on Apr 19, 2019

daiying98

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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.
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dollx

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Reply 2 on: Apr 19, 2019
Thanks for the timely response, appreciate it

lcapri7

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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