An increase in nominal gross domestic product necessarily entails an increase in
A) both real output and the price level.
B) either real output or the price level (or both).
C) real output and employment.
D) the price level and employment.
B
Economics
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If the opportunity cost of producing more of one good increases as more of that good is produced, then the production method is inefficient
Indicate whether the statement is true or false
Economics
The price of bonds and the interest rate are
A. inversely related. B. positively related. C. related, but we are not sure how. D. unrelated.
Economics