Question: Please answer these questions D Question 25 1 pts What is nominal GDP? It can be compared to GDP In other years O It is

Please answer these questions

D Question 25 1 pts What is nominal GDP? It can be compared to GDP In other years O It is the unadjusted GDP for an actual year It Is the statistic that is used to determine job growth It is the statistic that is used to determine the rate of Inflation D Question 26 1 pts What is real GDP? It Is unadjusted GDP for an actual year and allows comparison across the years It Is GDP adjusted for unemployment and can be used to compare with other countries it is GDP adjusted for inflation and used to compare across years It is GDP adjusted for the money supply and can be used for monetary policy D Question 27 1 pts Tires are considered an intermediary good when they are put on a new car. True O False Question 28 1 pts How can an increase in GDP per capita over time be interpreted? If indicates a decrease in the standard of living and an expanding economy Il indicates an Increase in the standard of living and a contracting economy It Indicates a decrease in the standard of living and a contracting economy It indicates an increase in the standard of living and an expanding economy

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