Question 5
If nominal GDP doubles, but real GDP remains unchanged, this means
Only prices increased.
Only quantity increased.
Both prices and quantity increased.
Neither prices nor quantity increased.
If nominal GDP doubles, but real GDP remains unchanged, this means
Only prices increased.
Only quantity increased.
Both prices and quantity increased.
Neither prices nor quantity increased.
Correct answer
Only prices increased.
Question 5 of 25 in the IIT Madras BS Corporate Finance (Corporate Finance) Quiz 1 paper sat on 26 Oct 2025, in the September 2025 term (IIT M DEGREE AN EXAM QDB2 26 Oct 2025). It carries 4 marks.