Social Studies

If the prices of all goods and services produced in the economy rose while the quantity of all goods and services stayed the same, which would rise? a. nominal gdp but not real gdp. b. both real gdp and nominal gdp. c. real gdp but not nominal gdp. d. neither nominal gdp nor real gdp.

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If the prices of all goods and services produced in the economy rose while the quantity of all goods...

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