Economics 9708 · AS & A Level · National income statistics

National income statistics — practice question

In which circumstances will nominal GDP and real GDP rise at the same pace in an economy?

  • Arate of change of national output 0%; rate of change of general price level –2%
  • Brate of change of national output 0%; rate of change of general price level +2%
  • Crate of change of national output +2%; rate of change of general price level 0%
  • Drate of change of national output +2%; rate of change of general price level +2%

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