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n years with inflation, nominal GDP increases ________ real GDP. at the same rate as faster than slower than sometimes faster, sometimes slower, and sometimes at the same rate as

User DIG
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2 Answers

4 votes

Answer:

slower

Step-by-step explanation:

User Ashish Shukla
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4 votes

Answer:

The correct answer is "Faster than"

Step-by-step explanation:

Nominal GDP= Doesn´t consider the effect of inflation

Real GDP= Considers the effect of inflation, it avoids the distortion from periods of extreme inflation.

For these reasons. Always in years with inflation, the nominal GDP increases faster than real GDP.

User QuantumRob
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