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If nominal GDP doubles and the GDP deflator doubles, then real GDP A) remains constant. B) doubles. C) triples. D) quadruples
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Question
Asked 11/13/2011 8:01:37 PM
Updated 208 days ago|2/20/2024 1:10:28 AM
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If nominal GDP doubles and the GDP deflator doubles, then real GDP A) remains constant. B) doubles. C) triples. D) quadruples
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User:
If nominal GDP doubles and the GDP deflator doubles, then real GDP A) remains constant. B) doubles. C) triples. D) quadruples
Weegy:
If all prices doubled without any change in quantities, GDP would double.
Expert answered|
meowra
|Points 100|
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Question
Asked 11/13/2011 8:01:37 PM
Updated 208 days ago|2/20/2024 1:10:28 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
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Sshhae05
If nominal GDP doubles and the GDP deflator doubles, then real GDP: remains constant.
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Added 208 days ago|2/20/2024 1:10:24 AM
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Questions asked by the same visitor
Recessions are not associated with which of the following? A) increased bankruptcies B) falling profits C) falling incomes D) falling unemployment
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Question
Updated 9/22/2018 1:22:27 PM
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8
emdjay23
Recessions are not associated with falling unemployment.
Added 9/22/2018 1:22:26 PM
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