If our nominal GDP in $2023$ was higher than our nominal GDP in $2022,$ we can conclude that

Question $31$Select one:

A$.$

prices are higher in $2023$ than in $2022.$

B$.$

we are producing more products and services in $2023$ than in $2022.$

C$.$

we are more productive in $2023,$ than we were in $2022.$

D$.$

our standards of living are higher in $2023$ than in $2022.$

E$.$

None of the above.