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savstate.view.usg.edu Yahoo Northface Nike Air Maxo. Nike.com PAWs Student Portel Dz-SSU ADP Advocate PAWS Student Portal D2L SSu Cengage d2l ssu-Google Search Quirzes- Prin of Macro Economics Section... Prin of Macro Economi... Help Log Out Prh of Macro Economics Sectiog 02 Fall 201 ace Content Ubrary Assessments Communication Resources Design ECON2105 HYBRID Quiz 1-Quiz Time Left: 0:25:44Deanthony Valdez: Attempt 1 DP I GDP $400 billion 378 billion 429 billion 398 billion 10 $440 billion 386 billion 15 467 billion 395 billion Refer to Exhibit 7-S. During year 3, Country Z experienced economicand , decline: deflation (falling price level) growth: inflation (rising price level) growth; deflation (falling price level) decline; inflation (rising price level) Save Question 6 (1 point) The sum of the unemployment rate and the employment rate alhwayse

Explanation / Answer

Nominal GDP Increased from year 2 to year 3 which implies growth in the economy. But, real GDP fell even when nominal GDP experienced an increase which implies price level rose from year 2 to year 3.

OPTION B

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