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Author Question: If real GDP in 2016 using 2015 prices is higher than nominal GDP of 2016, then (Read 150 times)

kamilo84

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on: Apr 19, 2019

Question 1

When differences between nominal GDP and real GDP result due to price changes and nothing else is compared, an index called the ________ is created.


◦ inflation index
◦ consumer price index
◦ GDP deflator
◦ index of leading indicators

Question 2

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


◦ prices in 2016 are higher than prices in 2015.
◦ nominal GDP in 2016 equals nominal GDP in 2015.
◦ prices in 2016 are lower than prices in 2015.
◦ real GDP in 2016 is smaller than real GDP in 2015.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by kamilo84 on Apr 19, 2019

tashiedavis420

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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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kamilo84

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Reply #2 on: Apr 19, 2019
Excellent


tashiedavis420

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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