Question
9) Suppose we switch the base year from 2010 to 2018. This change in the base year will cause A) real GDP in every year
9)Suppose we switch the base year from 2010 to 2018. This change in the base year will cause
A) real GDP in every year to decrease.
B) nominal GDP in every year to decrease.
C) both nominal and real GDP in every year to decrease. D) nominal GDP in every year to increase.
E) none of the above
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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
0324537115, 9780324537116
