aariyahjc8865 aariyahjc8865

04-05-2024
Business

Answered

If both real GDP and nominal GDP remain constant between two years, then it can be concluded that:
a. both output and price level increased by the same percentage.
b. both output and price level decreased by the same percentage.
c. output increased and price level decreased by the same percentage.
d. neither price level nor output changed.

Answer :

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