The nation of a country spent 200 million Rupees on goods and services – InterviewSolution

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1.	The nation of a country spent 200 million Rupees on goods and services in 2010. In 2011 the country spent 220 million Rupees on goods and services, even though output decreased compared to 2010. What happened to real GDP and nominal GDP between these two years?
Answer» The nation of a country spent 200 million Rupees on goods and services in 2010. In 2011 the country spent 220 million Rupees on goods and services, even though output decreased compared to 2010. What happened to real GDP and nominal GDP between these two years?

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