The German economy produces a vast array of goods and services, from cars to cannabis. The fact that nominal GDP in Germany has risen faster than res Multiple Choice that the general price level in Germany has risen that the general price level in Germany has fallen that nothing will s happen to the German price level.

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
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The German economy produces a vast array of goods and services, from cars to cannabis. The fact that nominal GDP in Germany has risen faster than real GDP suggests:
Multiple Choice
O
that the general price level in Germany has risen
that the general price level in Germany has fallen.
that nothing will s happen to the German price level
s that the base year of the German GDP price index has been shifted.
Transcribed Image Text:The German economy produces a vast array of goods and services, from cars to cannabis. The fact that nominal GDP in Germany has risen faster than real GDP suggests: Multiple Choice O that the general price level in Germany has risen that the general price level in Germany has fallen. that nothing will s happen to the German price level s that the base year of the German GDP price index has been shifted.
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