Real GDP and nominal GDP in the base year will never be equala.true b.

1.	Real GDP and nominal GDP in the base year will never be equala.true b.false
Answer» EXPLANATION: Based on this information, we know that much of the apparent GROWTH in nominal GDP was DUE to INFLATION, not an actual change in the quantity of goods and services produced—in other words, not in REAL GDP. ... Because 2005 is the base year, the nominal and real values are exactly the same in that year.

Real GDP and nominal GDP in the base year will never be equala.true b.false

Answer»

Based on this information, we know that much of the apparent GROWTH in nominal GDP was DUE to INFLATION, not an actual change in the quantity of goods and services produced—in other words, not in REAL GDP. ... Because 2005 is the base year, the nominal and real values are exactly the same in that year.

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Real GDP and nominal GDP in the base year will never be equala.true b.false​

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Real GDP and nominal GDP in the base year will never be equala.true b.false