Keeping output constant nominal GDP increases because. Option 1: Prices increase Option 2: Prices decrease Option 3: Output decrease Option 4: Prices increase and output increase

The answer is 'Prices increase'. View full solution:

CUET Economics - Keeping output constant nominal GDP increases because. | PYQs + Solutions

CUET Economics

Macro

Easy

Prices increase

Prices decrease

Output decrease

Prices increase and output increase

✅ Correct Option: 1

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