Suppose the total market value of all the final goods and services produced in the country of GDPLAND was $40 billion in 2019 (measured in 2019 prices) and $42 billion in the year 2020 (measured in 2020 prices). Which of the following statements is definitely correct? Nominal GDP increased in GDPLAND between 2019 and 2020. Average price levels increased in GDPLAND between 2019 and 2020. Production increased in GDPLAND between 2019 and 2020. None of these statements is correct.

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