Ask Question
28 October, 19:04

Nominal GDP will always be a higher reporting than Real GDP during periods of inflation. Why is this?

A. Real GDP focuses strictly on increases in production levels.

B. Nominal GDP focuses strictly on production levels.

C. Nominal GDP calculates the effects of inflation differently than Real GDP.

+1
Answers (1)
  1. 28 October, 20:37
    0
    C. Nominal GDP calculates the effects of inflation differently than Real GDP.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Nominal GDP will always be a higher reporting than Real GDP during periods of inflation. Why is this? A. Real GDP focuses strictly on ...” in 📙 Computers & Technology if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers