The nominal GDP will increase by 6% when O real GDP decreases by 10% and GDP deflator increases by 4%. real GDP an increases by 5% and GDP deflator decreases by 1%. real GDP a decreases by 3% and GDP deflator increases by 3%. real GDP decreases by 4% and GDP deflator increases by 10%. real GDP an increases by 9% and GDP deflator increases by 3%.

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter5: Measuring A Nation's Income
Section: Chapter Questions
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The nominal GDP will increase by 6% when
real GDP decreases by 10% and GDP deflator increases by 4%.
real GDP an increases by 5% and GDP deflator decreases by 1%.
real GDP a decreases by 3% and GDP deflator increases by 3%.
real GDP decreases by 4% and GDP deflator increases by 10%.
real GDP an increases by 9% and GDP deflator increases by 3%.
Transcribed Image Text:The nominal GDP will increase by 6% when real GDP decreases by 10% and GDP deflator increases by 4%. real GDP an increases by 5% and GDP deflator decreases by 1%. real GDP a decreases by 3% and GDP deflator increases by 3%. real GDP decreases by 4% and GDP deflator increases by 10%. real GDP an increases by 9% and GDP deflator increases by 3%.
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