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jmayl1ertarolpolali jmayl1ertarolpolali
  • 02-02-2017
  • Computers and Technology
Answered

To find Real GDP, we must multiply the Nominal GDP by a ratio less than 1. What does this mean?


AReal GDP will always be greater than Nominal GDP during periods of inflation.
BNominal GDP will always be less than Real GDP during periods of inflation.
CNominal GDP will always be greater than Real GDP during periods of inflation.

Verified Answer :

brockrohn
brockrohn brockrohn
  • 09-02-2017

C. Nominal GDP will always be greater than Real GDP during periods of inflation.

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