Suppose that you are advising a presidential candidate in an election campaign. The incumbent president for the

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Suppose that you are advising a presidential candidate in an election campaign. The incumbent president for the opposing party points out that GDP has risen in every quarter since she has been in office. The president is using this information to argue that that the voters should reelect her because her administration’s policies have led to prosperity for the last four years. You notice during two periods of her administration the unemployment rate rose significantly for several months. The unemployment rate can increase while economic activity is increasing for a variety of reasons. Still, you wonder whether the candidate is talking about GDP figures that are adjusted for price level changes or not. 

Would it be possible for nominal GDP to increase in every quarter of this president’s administration if real GDP decreases in some of them?

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