Real GDP may increase without any increase in the quantity of output in the economy
True of False with Reasons:
Real GDP may increase without any increase in the quantity of output in the economy.
Anurag Pathak Changed status to publish December 11, 2023
False,
Real GDP will increase only when there is an increase in the quantity of output in the economy as Real GDP is measured at constant prices (base Year Prices)
Anurag Pathak Changed status to publish December 11, 2023
