The two factors that make up nominal GDP are which of the following?
A) the monetary base and bank reserves
B) the overall price level and real GDP
C) bank loans plus the value of stock
D) Both a and c are correct.
Correct Answer:
Verified
Q49: Sustained increases in the overall price level
Q50: Which of the following statements best characterizes
Q51: Which of the following is true?
A) The
Q52: The relationship between the price level and
Q53: The two factors that make up nominal
Q55: Which of these are excluded from the
Q56: One reason demand curves for individual products
Q57: Monetary and fiscal policy
A)are always affected by
Q58: Monetary and fiscal policy
A)are controlled by the
Q59: In a case of demand-pull inflation,
A)prices rise.
B)prices
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