If the production of a country remains unchanged between two years and the price level increases, then the _____ GDP must have:
A) nominal; decreased.
B) nominal; remain unchanged.
C) real; decreased.
D) real; remain unchanged.

Question

Quizplus · Accepted Answer

Real GDP is adjusted for changes in the price level, so if the production remains unchanged, real GDP would also remain unchanged regardless of changes in the price level.

If the Production of a Country Remains Unchanged Between Two