which of the following is a macroeconomic statement course hero

by Carolyne D'Amore 7 min read

What does "buy more from abroad" mean?

A) a country purchases more from abroad than other countries purchase from it.

Is it difficult to measure the prices of intermediate goods produced?

C) it is difficult to measure the prices of intermediate goods produced.

Does nominal GDP control price?

A) Nominal GDP controls for price changes, while real GDP does not.

Is there a difference between nominal GDP and real GDP?

D) There is no difference between nominal GDP and real GDP.

image