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OpenStudy (lukecrayonz):
Sorry this isn't math exactly but I have a question. How could price level increase but no change in real GDP?
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OpenStudy (lukecrayonz):
They're related, I cannot find a way that it would be able to work?
OpenStudy (lukecrayonz):
I could understand nominal GDP but not real GDP.. Real GDP=Nominal/Price level.. they will always be related.
OpenStudy (anonymous):
If less things are made and price increases then GDP can stay the same. There are many factors.
OpenStudy (lukecrayonz):
Can you graph that?
OpenStudy (lukecrayonz):
NEVERMIND I GOT IT I KNOW IT
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OpenStudy (lukecrayonz):
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