3106EconomicsMedium
If nominal GDP in 2005 exceeds nominal GDP in 2004, then the production of output?
Amust have risen
Bmust have fallen
Cmust have stayed the same
Dmay have risen fallen, or stayed the same because there is not enough information to determine what happened to real output
Correct answer
D. may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output
Explanation
The correct answer is may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output.