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Ivanshal [37]
2 years ago
6

How is it possible for nominal GDP to rise but real GDP to fall from one year to the next?

Business
1 answer:
Tcecarenko [31]2 years ago
6 0

Yes, the given statement can be marked as true as it would indicate a larger rise in prices relative to a decrease in output.

<h3>Why would Nominal GDP increase but real GDP decrease?</h3>

When nominal GDP increases and it is higher than real GDP, then it shows that inflation is occurring but when real GDP is higher than nominal, then it means deflation is occurring.

In an economy with a high inflation, it will experience an increase in nominal GDP no matter if the real amount of goods and services produced decreases.

The GDP deflator measures the the overall change in prices in an economy, by using the ratio between real and nominal GDP.

Learn more about the real and nominal GDP here:-

brainly.com/question/15171681

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<u>Explanation:</u>

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The vision statement made should be linked with the goals of employees. This will create a positive and inspiring place for the employees to work. Even the small antique shop can expand its business activities and attain growth through proper vision statement.

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Answer:

Also please mark brainslet and sorry if wrong. Have a blessed day!:)

Explanation:

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3 years ago
What is the gdp?
sattari [20]
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andrew-mc [135]

Answer:

It contains the "Blind Self"

Explanation:

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