Ceteris paribus, which of the scenarios below will unambiguously lead to an increase in real GDP? O a. The production of final goods and services decreases, but prices increase. O b. The prices of final goods and services decrease. O c. The prices of final goods and services increase. O d. The production of final goods and services increases.
Ceteris paribus, which of the scenarios below will unambiguously lead to an increase in real GDP? O a. The production of final goods and services decreases, but prices increase. O b. The prices of final goods and services decrease. O c. The prices of final goods and services increase. O d. The production of final goods and services increases.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Ceteris paribus, which of the scenarios below will unambiguously lead to an increase in real GDP?
O a. The production of final goods and services decreases, but prices increase.
O b. The prices of final goods and services decrease.
O c. The prices of final goods and services increase.
O d. The production of final goods and services increases.
ge](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F07eb8943-5563-4431-8a85-840a3c5d94ee%2Fce376206-30af-4d97-9c0c-c73279ebd13f%2Ffhg5gk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ceteris paribus, which of the scenarios below will unambiguously lead to an increase in real GDP?
O a. The production of final goods and services decreases, but prices increase.
O b. The prices of final goods and services decrease.
O c. The prices of final goods and services increase.
O d. The production of final goods and services increases.
ge
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