Nominal GDP is affected by changes in:
A) Output only.
B) Output and prices.
C) Income transfers.
D) Prices only.
Correct Answer:
Verified
Q7: Which of the following is NOT included
Q8: Which of the following is the best
Q9: U.S.GDP for 2012 was approximately:
A) $11 trillion.
B)
Q10: Which of the following is NOT included
Q11: Country's GDP is:
A) The sum of the
Q13: Which of the following countries currently has
Q14: Nominal GDP measures the:
A) Inflation-adjusted value of
Q15: Changes in real GDP serve as a
Q16: The economy of the United States is
Q17: GDP can be found by:
A) Adding the
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