Economics · National Income and GDP

A rise in nominal GDP without a corresponding rise in real GDP generally indicates that:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1the current account has moved into surplus
2unemployment has fallen sharply
3only physical output has increased
4part or all of the increase may be due to higher prices rather than higher real production✓

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part or all of the increase may be due to higher prices rather than higher real production

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A rise in nominal GDP without a corresponding rise in real GDP generally indicates that:

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A rise in nominal GDP without a corresponding rise in real GDP generally indicates that:

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