Question: 33. Inflationary expectations would most likely decrease if there was (A) an increase in the costs of raw materials (B) an increase in the money

33. Inflationary expectations would most likely decrease if there was (A) an increase in the costs of raw materials (B) an increase in the money supply (C) an increase in consumption (D) a decrease in imports (E) a decrease in the money supply 34. The table below shows the nominal GDP and the price index of an economy between 2018 and 2019. Given the information, indicate what change, if any, there was to real GDP. Nominal GDP Price Index 2018 $60,000 200 2019 $69,000 230 (A) Real GDP increased by 30 percent. (B) Real GDP decreased by 30 percent. (C) Real GDP increased by 1.15 percent. (D) Real GDP decreased by 1.15 percent. (E) There was no change to real GDP.

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