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AP® Macroeconomics

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Moderate

Real and Nominal GDP

APMACR-YSTYPL

If the quantity of goods produced remained unchanged, but prices of all goods rose, what would happen to nominal and real GDP?

A

Nominal GDP would rise, but real GDP would remain unchanged.

B

Nominal GDP would rise, but real GDP would fall.

C

Nominal GDP would fall, but real GDP would rise.

D

Nominal and real GDP would both fall.

E

Nominal and real GDP would both rise.