Fill in the blanks to make the following statements correct.

a. If nominal GDP increases by 35 percent over a10-year period, then it is unclear how much of this increase is due to increases in

A. savings

B. output

and how much is due to increases in

A. prices

B. investment

. To overcome thisproblem, we look at GDP valued at

A. constant

B. current

prices and we refer to this measure as

A. nominal

B. real

national income.