QUIZ: .. Question 41 This Quiz: 43 pts possible Submit Quiz Directions: Click on the graph to the right and select Multiple Plots. Then select RGDP (real chain weighted GDP) for Y1 and NGDP (nominal U.S. Real and Nominal GDP GDP) for Y2. Roll your cursor over each plotted line to identify the data Note that the chain-weighted GDP is a measure of GDP that the Bureau 11000- of Economic Analysis (BEA) of the U.S. Department of Commerce calculates by continuously updating the weights of the various 9900- components of GDP to reflect changes in the relative prices and shares of the various components of GDP. 8800- According to the graph, 7700- 6600- O A. RGDP has increased and decreased. 5500- O B. NGDP and RGDP have continually increased. 4400 O C. NGDP both increased and decreased over time. 3300- O D. RGDP has continually decreased 2200- 1100- 0- 1970 1975 1980 1985 1990 1995 2000 2005 Data source: U.S. Department of Commerce, Bureau of Economic Analysis (BEA)