Can we have a situation where, even though, nominal GDP increases real GDP remains the same?

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Can we have a situation where, even though, nominal GDP increases real GDP remains the same?

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Answer 1

Answer #1

Real GDP is adjusted for price level.If the rise in price level is the se as the rise in nominal GDP,then nominal GDP rises but real GDP remains the same.

Yes,we can have such a situation.

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Answer 2

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Can we have a situation where, even though, nominal GDP increases real GDP remains the same?

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Can we have a situation where, even though, nominal GDP increases real GDP remains the same?

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Can we have a situation where, even though, nominal GDP increases real GDP remains the same?