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Suppose that nominal gdp is $1,000 in 2009 and $1,500 in 2010. if the overall price level _____ between 2009 and 2010, we could say that real gdp _____.

Suppose that nominal gdp is $1,000 in 2009 and $1,500 in 2010. if the overall price level _____ between 2009 and 2010, we could say that real gdp _____.
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Suppose that nominal gdp is $1,000 in 2009 and $1,500 in 2010. if the overall price level _____ between 2009 and 2010, we could say that real gdp _____.

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User Wishman
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1 Answer

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The answer is: increased by 50%; stayed constant. 
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User Kotchwane
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