If real GDP falls from one period to another, we can conclude that:
<u>deflation occurred.</u>
Real GDP adjusts the level of output for any potential price adjustments that may have occurred over time; nominal GDP adjusts the level of output for changes in the price level using prices from a base year (constant prices) rather than the "current prices" used in nominal GDP.
The GDP deflator is a price index that tracks the average prices of all finished products and services produced inside a country's boundaries over time. It is used to adjust nominal GDP to determine real GDP.
So when the real GDP falls it can be concluded that deflation has occurred in the economy that is fall in prices .
To learn more about deflation click here :
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Answer:skeuwjjdjdjddkkdikjjj
Explanation:mean I need help with math
Answer:
Answer is B, a public good dilemma.
Explanation:
Public good dilemma is a type of social dilemma, which involve the decision of members of a group decide the outcome for any individual.
Its characteristics is that anyone can benefit from their decision at the same time.
I Think it's a laborer or if not an investor
Eh idk
