If real GDP increases, we know for sure that

Name: If real GDP increases, we know for sure that
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Real GDP measures the total value of goods and services produced in an economy, adjusted for inflation. Therefore, an increase in real GDP means that output has increased, regardless of whether prices have risen or remained constant. Option B, C, D, and E are incorrect because none of them necessarily follow from an increase in real GDP.

If Real GDP Increases, We Know for Sure That