Nominal GDP increases
A) only if total production increases.
B) only if prices increase.
C) if either prices and/or total production increase.
D) only if the productivity of resources increase.
E) only if depreciation decreases.
C
Economics
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If something happens to alter the quantity supplied at any given price, then we move along the fixed supply curve to a new quantity supplied
a. True b. False Indicate whether the statement is true or false
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