. Which of the following fall during a recession?a. both retail sales and employmentb. retail sales but not employmentc. employment but not retail salesd. neither employment nor retail sales

D Question 36 Assume that an economy's actual output increased over a decade but it experienced deflation throughout that entire time. Which of the following statements is correct? o The country's nominal GDP increased, but nothing can be stated with certainty regarding any change in real GDP. o The country's real GDP increased, and its nominal GDP stayed the same. O The country's real GDP increased, but nothing can be stated with certainty regarding any change in nominal GDP. o The country's real GDP increased, and its nominal GDP decreased. o The country's nominal GDP decreased, but nothing can be stated with certainty regarding any change in real GDP. Question 37 Decreases in the costs of key inputs cause the AS curve to shift to the right. O True O False

If nominal retail sales increase then Select one: a. real retail sales must also have increased. b. real retail sales and retail prices have increased. c. one of real retail sales and retail prices have increased. d. retail prices must have increased.

I need explanation real GDP is correct answer

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Question 21 I NGDP in the base year and RGDP in the current aro equal, then Oa There has been inflation or deflation Ob. There has been deflation only Oc There has been inflation only Od The GDP deflator must be equal to 1

The table represents the economy of bonaadventure coffee is used to make cappuccinos and has no other use coffee makers and bean grinders I purchase by all entities as our a cappuccinos the government has determined that the average consumer purchases one coffee maker to Bing grinders and 1000 cappuccinos when necessary used 2019 as a base year A. Calculate the nominal GDP for 2019 b. Calculate the real GDP for 2017c.

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8. If both nominal GDP and the price index are rising, is evident that a) real GP is constant. b) real GDP is rising. c) real GDP is declining.

What is the real GDP in University Town in Year 2 assuming year 1 is the base year? Good Quantityr1 Priceyrı Quantityy2 Priceyr2 Food 1000 1500 3 Housing 200 10 300 15 Clothing 500 1000 10 A. 10000 6500 19000 11000