Macroeconomics 11th Edition by Stephen Slavin

تمرين 68

Circle the letter that corresponds to the best answer. In 2030 Nigeria had a GDP of $700 billion and depreciation of $100 billion. The price level did not rise in 2031, but its GDP rose to $710 billion and its depreciation rose to $180 billion. Most economists would say that _____.
A) the Nigerian economy did better in 2030
B) the Nigerian economy did better in 2031
C) there is no way of determining which year was better