If real GDP falls from one period to another and the price level stays the same,we can conclude that

Question

Quizplus · Accepted Answer

If real GDP falls and the price level stays the same, nominal GDP (the measure of GDP in current dollars) would also have to decrease because there are fewer goods and services being produced. Therefore, the correct answer is C. Inflation has not changed because the price level has stayed the same. NDP (net domestic product) is not mentioned and cannot be determined based on the given information.

If Real GDP Falls from One Period to Another and the Price