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If real GDP in 2022 (using 2021 prices) is lower than nominal GDP of 2021, then Part 2 A. output in 2022 is lower than
If real GDP in 2022 (using 2021 prices) is lower than nominal GDP of 2021, then Part 2 A. output in 2022 is lower than output in 2021. B. prices in 2022 are higher than prices in 2021. C. nominal GDP in 2022 equals nominal GDP in 2021. D. real GDP in 2022 is larger than real GDP in 2021
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Econometric Analysis
Authors: William H. Greene
5th Edition
130661899, 978-0130661890
