(Table: Real and Nominal Output) Use Table: Real and Nominal Output. The year in which the increase in nominal GDP is exclusively due to the increase in the price level rather than physical output is year: $$\begin{array} { | l | l | l | }
\hline \text { Year } & \text { Units of Output } & \text { Price per Unit } \
\hline 1 & 40 & \$ 1 \
\hline 2 & 30 & \$ 2 \
\hline 3 & 50 & \$ 2 \
\hline 4 & 70 & \$ 4 \
\hline 5 & 60 & \$ 6 \
\hline 6 & 60 & \$ 8 \
\hline
\end{array}$$
A)2
B)2.
C)3.
D)3
E)4
F)4.
G)6
H)6.

Question

(Table: Real and Nominal Output) Use Table: Real and Nominal Output. The year in which the increase in nominal GDP is exclusively due to the increase in the price level rather than physical output is year: $$\begin{array} { | l | l | l | } 
\hline \text { Year } & \text { Units of Output } & \text { Price per Unit } \
\hline 1 & 40 & \$ 1 \
\hline 2 & 30 & \$ 2 \
\hline 3 & 50 & \$ 2 \
\hline 4 & 70 & \$ 4 \
\hline 5 & 60 & \$ 6 \
\hline 6 & 60 & \$ 8 \
\hline
\end{array}$$
A)2
B)2.
C)3.
D)3
E)4
F)4.
G)6
H)6.

Quizplus · Accepted Answer

The Answer of (Table: Real and Nominal Output) Use Table: Real and Nominal Output. The year in which the increase in nominal GDP is exclusively due to the increase in the price level rather than physical output is year: $$\begin{array} { | l | l | l | } 
\hline \text { Year } & \text { Units of Output } & \text { Price per Unit } \
\hline 1 & 40 & \$ 1 \
\hline 2 & 30 & \$ 2 \
\hline 3 & 50 & \$ 2 \
\hline 4 & 70 & \$ 4 \
\hline 5 & 60 & \$ 6 \
\hline 6 & 60 & \$ 8 \
\hline
\end{array}$$
A)2
B)2.
C)3.
D)3
E)4
F)4.
G)6
H)6.