Refer to the scenario above. The GDP deflator for Year 2 is ________

Until the early 1980s, The Walt Disney Company used a pricing strategy in which visitors to its theme parks paid a low admission fee and also paid for rides. This pricing strategy is an example of

A) a two-part tariff. B) perfect price discrimination. C) cost-plus pricing. D) monopoly pricing.

If M increases and V decreases: a. nominal GDP increases

b. nominal GDP decreases. c. nominal GDP stays the same. d. there is an indeterminate effect on nominal GDP.