Question: Real GDP will increase Part 2 A. only if the price level falls. B. only if the quantity of final goods and services produced rises.
Real GDP will increase
Part 2
A.
only if the price level falls.
B.
only if the quantity of final goods and services produced rises.
C.
only if the price level rises.
D.
if either the price level rises or the quantity of final goods and services produced rises.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
