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06-02-2020
Business

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If a country experiences a rise in prices but produces the same quantity of output as in the previous year, its nominal GDP will _ and its real GDP will _.

Respuesta :

ewomazinoade ewomazinoade

07-02-2020

Answer:

Increases

Stays the same

Explanation:

Nominal GDP is output produced by a country multiplied by current year prices.

Real GDP is output produced by a country multiplied by base year prices. The real GDP adjusts for the effects of inflation.

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