starfreshcobar3091 starfreshcobar3091

27-07-2017
Business

contestada

Real gdp will increase
a. only when output increases.
b. only when prices increase.
c. when prices increase or output increases.

Respuesta :

Erudite1 Erudite1

03-08-2017

Real GDP will increase ONLY WHEN OUTPUT INCREASES. Increase in GDP indicates economic growth. Real GDP is a measure of the economic output adjusted for inflation. GDP is very important because it can be used to estimate the value of total spending in an economy.

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