3.Which of the following statement is true about real and nominal GDP?
(A) If nominal GDP increases from one year to the next, we know the
production of goods and services has risen.
(B)Nominal GDP is a better measure than real GDP in comparing changes
in the production of goods and services year after year.
(C)Increases in average prices do not affect the calculation of nominal GDP.
(D) If real GDP increases from one year to the next, we know that
production of goods and services has risen.