In the base year, the relationship between nominal and real GDP is
a.
In the base year, the relationship between nominal and real GDP is
a. uncertain.
b. one of equality.
c. real GDP is higher.
d. nominal GDP is higher.
ANSWER
B
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.
Calculate the price of your order
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.