Assume the table has recorded the total output and prices of the only two goods produced in the country of Mongolia. Looking at the changes in real GDP and nominal GDP from 2001 to 2002, we can conclude:

Assume the table has recorded the total output and prices of the only two goods produced in the country of Mongolia. Looking at the changes in real GDP and nominal GDP from 2001 to 2002, we can conclude: 




A. output and prices increased.

B. only output increased.

C. only prices increased.

D. output increased, but prices decreased.






Answer: A


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